MNB: Voluntary pension fund membership continues to decline

Telco

Hungaryʼs voluntary pension fund membership edged down about 2% to 1,150,000 last year, according to the latest data on the sector published by the National Bank of Hungary (MNB) today.

Membership has been on a steady decline since around 2008, when it peaked at just over 1,400,000. 

In spite of the fall in membership last year, the fundsʼ revenue from membership fees increased 4% to HUF 101 billion.

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