Funds launched to meet pension plan requirements Their management and custody is delegated to the management and depositary entities of pension plans They offer fiscal bonuses
Pension funds usually have large amounts of money available for investment Because of the comparatively high yields and low risks offered by mortgages, pension funds have begun to participate actively in financing real estate projects Most real estate activity for pension funds is handled through mortgage bankers and mortgage brokers (See noninstitutional lenders)
Savings of households that are invested in order to provide income during retirement Pension funds are frequently part of an employee's benefits package and are managed by investment companies