Pension funding

NACE v2.1 Code: L65.30

About pension funding

NACE code 65.30, 'Pension funding', represents a crucial industry within the broader financial services sector. Pension funds play a vital role in providing retirement income security for individuals, as well as supporting long-term investment and economic growth. This industry is responsible for managing and investing the funds contributed by employers and employees to ensure the availability of pensions and other retirement benefits.

Production process

The main production techniques in the pension funding industry involve the professional management of investment portfolios. Pension fund managers utilize a range of investment strategies, including asset allocation, portfolio diversification, and risk management, to generate returns that can be used to pay out pension benefits to retirees. They may invest in a variety of asset classes, such as stocks, bonds, real estate, and alternative investments, to optimize risk-adjusted returns.

Production inputs

The key inputs for the pension funding industry include the contributions made by employers and employees, as well as the capital markets and financial instruments in which these funds are invested. Pension fund managers also rely on specialized knowledge and expertise in investment management, actuarial analysis, and regulatory compliance to effectively manage the pension funds under their care.

Production outputs

The primary output of the pension funding industry is the provision of retirement income and benefits to individuals who have contributed to the pension system. The pension funds generated by this industry support the financial security of retirees and their families. Additionally, the investment activities of pension funds can have a significant impact on 66.30 Investment management and 64.20 Activities of holding companies, as they allocate capital to various financial instruments and asset classes.

Revisions to 65.30

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 65.30. The most recent 1 version of this code (65.30) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 65.30.

Older versions

Family tree for pension funding

    graph LR
    A["<a href='/classifications/nace/v2-1/L'>L: FINANCIAL AND INSURANCE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2-1/L/65'>65: Insurance, reinsurance and pension funding, except compulsory social security</a>"]
B --> C["<a href='/classifications/nace/v2-1/L/65/3'>65.3: Pension funding</a>"]
C --> D["<a href='/classifications/nace/v2-1/L/65/30'>65.30: Pension funding</a>"]

    
    

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    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
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  %% Apply classes
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class B level2
class C level3
class D level4

  class D highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class D highlight