Welcome to TELA's website
We are an association looking after the interests of insurers providing statutory earnings-related pensions. Our mission is to strengthen the earnings-related pension system and to influence the sector’s general operating environment.
Topical
Circulation of earnings-related pension money in 2025 – figures updated
We have updated the figures describing the circulation of earnings-related pension money that are on our website. The new figures…
Financial statements and market shares updated for 2025
We have published a summary of the financial statements of earnings-related pension providers in cooperation with the Finnish Centre for…
Early-year market turbulence has limited impact on earnings-related pension assets – total assets EUR 284 billion
A promising start to the investment year turned negative during Q1 as a result of the war in Iran. Despite…
Development of pension assets
A promising start to the investment year turned negative during Q1 as a result of the war in Iran. Despite the challenging conditions, the investment return on earnings-related pension assets was only slightly negative: the amount of assets fell by one billion euro during the first quarter of the year.
Amount of assets 31.3.2026 284 EUR billion
Return in real terms -1.7 per cent
Statistical database makes basic data on pension investments easily available
The data of your choice can be further processed for example in Excel.
Meet our experts
The earnings-related pension system is like making a blue cheese – few people know how to do it from beginning to end, but everyone has an opinion about the product itself.
Mikko Koskinen, Director, communications and public relations
The earnings-related pension system is like a cast-iron Singer sewing machine. It’s worked reliably since 1962 and, with some small needle replacements, will continue to do so to infinity and beyond.
The pension system is like the national Finnish basketball teams: every player has their own role, but regardless of age, success is built on openness, trust and a playing together.
The pension system is like a slowly growing tree that eventually bears fruit.
The pension system is like the North Star. It shines a steady light from its own location.
The pension system is like an extended family’s shared summer house, which each generation maintains in turn.
The pension system is like a dependable defender who works for the team and saves the match.
The earnings-related pension system is like a sweater. It’s easy to make add new rows to it, but it’s a lot harder to change the rows that have already been knitted.
The pension system is like a woollen sock knitted with granny. Pension security is also knitted together by generations.
The pension system is like the Barbapapas — cooperation and suitable transformations help to solve even the most difficult problems.
The pension system is like SUP boarding in the Archipelago Sea: even small adjustments are enough in rough weather, as long as you have a stable board, good balance, a clear direction and you look far enough towards the horizon.
The pension system is like the Finnish national football team’s qualification match, that is, a joint dream shared by different generations.
The pension system is like a river, seemingly stationary but always in a state of flux.
Mikael Kulikoff, Director, Finance, Administration and Development
The pension system is like an umbrella — it provides shelter in different stages and situations of life.
The pension system is like life itself: simple in theory but complicated in practice.