We have been managing pension funds in Latvia since 2002.
In order to obtain an optimal return on investment, a 2nd pillar pension fund must be selected according to the age of each. Younger people are advised to choose funds that invest more in equities, while older pension fund participants are advised to choose those with a higher share of bonds and a smaller share of shares. Thus, at a certain age, the pension fund should be changed to a less risky one.
You can choose one of 4 tier II pension funds.
3rd pillar pension funds are an attractive option if you want to accumulate independently.
More information about pension funds in Latvia https://www.invl.lv/lat/lv/