Households' financial assets
|Updated: 31.3.2017 - Next update: 29.6.2017|
During the fourth quarter of 2016, households increased their net investments in financial assets by EUR 1.6 billion. Money flowed primarily into deposits. The net change was low in other financial assets but the development has continued similar already for three successive quarters. Again more investments were made in mutual fund shares than were withdrawn and net investments in quoted shares and debt securities continued to decrease.Statistical release
Statistics Finland, Financial accounts
Description of indicator
Insurance, pension and standardised guarantee schemes include households' insurance receivables. It includes life insurance technical reserves, pension entitlements and non-life insurance related households' receivables. Life insurance technical reserves consist of outstanding claims of life insurance policies. Pension entitlements include pension funds that have been established to ensure payment of other than statutory employment pensions (TEL).
The development of households' financial assets affect households' consumption possibilities and thus have an effect on economic growth. In addition, households' financial assets are important in terms of the stability of the financing system.