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One Billion reached, and Tuleva fees drop again
The more investors we have at Tuleva, the less we all pay in fees. This is the essence of Tuleva’s model. Our assets under management have now surpassed the one billion euro mark, enabling us to lower fund fees once again. Starting November 14, fees across all Tuleva funds will be reduced to 0.32%. Over…
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5 common myths about investing in pillar III
Pillar III has gained significant popularity – it’s become the most common financial asset among people in Estonia. (1) Still, only around 20% of them use pillar III as a state-supported, tax-advantaged way to save. Many investors are put off by confusing information. There are several common myths about saving that need to be dispelled….
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Tuleva management report for the first half of 2024
Dear Tuleva pension savers and members, If you have just one minute to read: In the first six months of the year, Tuleva pension savers contributed 53 million euros into the second and third pillars, which is a third more than in the same period last year. The number of people contributing to the third pillar…
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Tuleva management report 2023
Dear Tuleva members and investors, If you have 90 seconds: The formula for successful saving is simple: start early, save as much as possible, and ensure your assets generate decent returns. We, Tuleva savers, made significant progress last year: We set aside 102 million euros for the future Together, we made contributions to our second…
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Tuleva Received a Fine
Tuleva was fined for violating communication rules. The Financial Inspection, which imposed the fine, accused us of using two sentences in our July Facebook ads: “Keep the profitability of your pension assets” and “The only one with honest statistics.” Additionally, FI found that we had omitted mandatory disclaimers from some advertisements. (1) FI considered the…
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New tax benefit for pension savings. What is the 2-4-6 reform?
From January 2024, you can apply to increase your second-pillar contributions from 2% to 4% or 6% of your salary. Contributions based on your application will be made starting from 2025. This change is to your benefit, as it allows you to take better advantage of tax reliefs when saving. I am definitely going to…
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Lower fees for Tuleva funds!
Tuleva investors will benefit from reduced fees once again! At Tuleva, we believe that the more investors join our ranks, the less everyone should pay in fees. This core principle drives our operations. Thanks to the remarkable growth in our assets, which have increased by 160 million euros since the beginning of the year, we…