Pension fund investment return down by 14% in 2022

žPension fund investment return declined by nearly 14% in 2022, the Lithuanian Investment and Pension Fund Association (LIPFA) has announced.

President of the association Tadas Gudaitis says the average pension fund investment return decreased by 13.8% in 2022, despite growing annually in previous years, by 19.9% in 2019, 5.2% in 2020 and 21.07% in 2021 respectively.