Page 27 - Turkinsurance Digital Magazine
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Number of participants that
entered the system with auto-
enrollment reached
4 million 983 thousand
At the end of the third quarter of 2018, total number of
participants in Individual Pension System reached 6 million 951
thousand, 4 million 983 thousand of which entered the system
via auto-enrollment. During this quarter, total fund size of the
system reached 12 billion 779 million USD, and fund size of auto-
enrollment participants stood at 637 million 849 thousand USD.
According to the statistics announced by Pension Garanti Emeklilik ve Hayat closed the third
Monitoring Center (EGM) as of 30.09.2018, to- quarter as the market leader in terms of over-
tal number of participants in BES increased by all number of participants with 1 million 180
1.6 percent and reached 6 million 951 thousand. thousand people and a market share of 16.36
At the end of the third quarter, number of par- percent. Anadolu Hayat Emeklilik ranked sec-
ticipants who entered the system via auto-enroll- ond with 1 million 137 thousand participants
ment was reported as 4 million 983 thousand. and share of 16.36 percent, followed by AvivaSa
Emeklilik ve Hayat with 858 thousand 744 par-
Total fund size of the system increased up to ticipants and a share of 12.35 percent.
12 billion 779 million USD at the end of 2018
Q3, while the fund size accumulated via auto-en- “During the third quarter, Ziraat Hayat ve
rollment participants stood at 637 million 849 Emeklilik maintained its leadership position
thousand USD. in terms of auto-enrollment participants with
919 thousand 179 participants”
Total amount of contributions paid by partici-
pants reached 9 million 610 thousand USD, and In terms of number of participants who entered
number of contracts up to 8 million 230 thou- the system via auto-enrolment, Ziraat Hayat ve
sand. Total invested amount was 9 billion 463 Emeklilik ranked number one with 919 thousand
million USD.
179 participants and a share of 18.45 percent