In times of changes, I trust an experienced 2nd pillar pension manager

Join
Increase your 
pension 
using Signet Active  
Plan
Suitable for age 16 to 55
Investments in stocks up to 50%
Total commissions 0.6%

What will be your pension
savings?

Calculated based on the assumption that your current second pillar pension savings equal 3 monthly salaries (if not indicated otherwise), average salary increase 2% per annum, forecasted average yield 4.8% (not guaranteed), commission 0.6%.

How to apply?

1

Click “Join” and it will redirect you to the portal latvija.lv

2

Choose authentication tool

3

Approve the terms of electronic services

4

Fill the application on second pillar pension and choose Signet Active Plan
High yield
15 years of experience
Wide investment diversification

Your pension savings are in safe hands

Profile
Asset manager
Signet Pensiju Pārvalde IPAS; Harijs Beķeris, Kaspars Punenovs
Custodian
Signet Bank, AS
Plan category
State funded pension scheme funds investment active plan
Auditor
SIA BDO ASSURANCE
Founded
October 2017
Regular expenses, incl.:
0.60%
Asset manager fees
0.48%
Custodian fees
0.08% (annually)
Third party fees and other payments
0,04% (annually)
Performance fees: 0.00%
0,00% (annually)
Transparency

Signet Pensiju Pārvalde IPAS ensures regular reflection of the results of the investment plan and the investments made in the investment plan report, as well as an opportunity for the investor to compare the yield of the Signet Active Plan with the yield of any other investment plan registered in Latvia before making the decision.   

Custodian
Signet Pensiju Pārvalde IPAS investors savings are kept in a custodian bank completely separate from the funds of the pension manager at all times and on an ongoing basis. In accordance with the regulations of the Credit Institutions Act, the funds of the State funded pension scheme investment plans are also excluded from the list of assets of the custodian bank. Investors' pension capital is thus protected and segregated from both the manager and the custodian bank. The custodian bank also provides an additional control for the pension manager to ensure continued compliance with the investment strategy pursued by the manager. The custodian bank of the Signet Active Plan is Signet Bank AS.
Supervision
Signet Pensiju Pārvalde IPAS is a licensed investment management company supervised by the Bank of Latvia that ensures compliance with the highest regulative and security standards in finance sector. Information regarding the Signet Pensiju Pārvalde IPAS license / type
  • Market segments – investment management services, pension funds 
  • License type – provision of investment management services
  • License number – 06.03.07.263/204
  • License issue date – 04.08.2006

Questions & Answers

As a second pillar pension scheme participant that has not yet claimed the retirement pension you can fill an application (or in person in State Social Security Agency) and indicate, who should inherit your second pillar pension capital: 

  • If you would like to assign your pension capital for other pensions, choose “include in the state special pension budget”
  • If you would like to assign your pension capital to a specific person, adding your pension capital to the chosen person’s own second pillar pension capital, choose “add to the state funded pension capital to the chosen person” 
  • If you would like to assign your pension capital to the relatives (spouse, children, etc.), choose “add for inheritance in accordance to the civil law”. In this case the inheritance will be received by the inheritors (based on the relative type or will) and will be able to decide to either withdraw the inheritance in funds or to add to the own second pillar pension savings.

Asset manager can be changed once in a calendar year and the investment plan within the same asset manager can be changed twice a year.

When deciding on the asset manager and the investment plan, pay attention to the following: 

  • Investment policy of the investment plan and yield results 
  • Experience, reputation and stability of the asset manager
  • Commissions charged for the asset management services 
  • Reputation of the custodian bank, where the assets of the investment plan will be safekept

Total commission for the asset management services of Signet Active Plan is 0.6%. It includes both – remuneration to the asset manager, to the custodian bank and third parties . Integrum does not charge any performance fee for the asset management services, therefore our interests as the asset manager are aligned with the interests of our clients in the long-term capital appreciation.

At least 50% of the assets of the Signet Active Plan are invested in the fixed income financial instruments and in deposits with the financial institutions that ensures stable appreciation of the asset value with limited short term volatility. 

To enhance the long-term value appreciation, up to 50% of the assets of the investment plan can be invested in the investment funds that may invest in stocks and other similar financial instruments by risk type as well as in alternative investment funds. 

Investments are done on differing maturity dates in EU countries and other countries ensuring that at least 70% is invested in EUR denominated assets. Investment concentration in the specific geographical region or industry is not intended.

he results of all the second pillar pension plan asset managers and commissions charged can be obtained in the portal www.manapensija.lv.

Data regarding the savings of the second pillar pension can be obtained:

  • In person in any SSSA branch
  • In the united portal of the state and municipalities www.latvija.lv

The amount of savings in the second pillar pension is dependent on the following:

  • Your salary and the amount of social payments
  • The rate of the installments in the second pillar pension (since year 2016 it is 6% from the gross salary)
  • The yield on the chosen investment plan
  • Length of the participation in the second pillar pension scheme prior to the retirement

Total amount of the investments in the pension capital is 20% from your gross salary that is currently already automatically paid from your social security payments and divided by the first pillar pension (14%) and second pillar pension (6%). Therefore, by joining the Signet Active Plan, additional social security payments are not required.

Second pillar pension allows you to ensure the larger pension after retiring, because part of your social security payments that are assigned to retirement pension is invested in the financial and capital markets – securities and deposits with the financial institutions. Therefore, the accumulated capital is working in your favor and helps you to grow your pension. Furthermore, if the first pillar pension installments are used to fund the pensions of the current pensioners, then the installments that are made in the second pillar pension are used only for your own pension when retire.

Useful information

Vai ir prātīgi samazināt uzkrājumu pensiju 2. līmenī?

Saskaņā ar jauno kārtību plānots no taviem bruto ienākumiem pensiju pirmajā līmenī iemaksāt 15% (līdzšinējo 14% vietā), bet – otrajā līmenī vien 5% (līdzšinējo 6% vietā). Ņemot vērā, ka pensiju 2. līmeņa uzkrājums tiek investēts akcijās, vērstpapīros un citos finanšu instrumentos, ilgtermiņā šāds lēmums var samazināt tava vecuma pensijas apmēru, jo liegs iespēju tavai naudai pelnīt vairāk.

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Any questions?

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kontaktforma leja
Signet Pensiju Pārvalde IPAS

Registration number: 40003814724
LEI number: 549300BO9IYZ6ER3TR25
Legal address: Antonijas Street 3-7, Riga, LV-1010
Office address: Antonijas Street 3, Riga, LV-1010
Registration date: 30.03.2006.
Phone: +371 6700 2777
E-mail: [email protected]
Signet Pensiju Pārvalde IPAS
Antonijas Street 3, Riga, LV-1010
+371 6700 2777

Business hours:
I-IV: 09.00-17.30
V: 09.00-14.30

[email protected]
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