The Austria Financial Market Authority has published its 2025 Macro Report on the State of Austrian Pension Companies, outlining structural developments, current trends and key risk situations in the sector, including the effects of macroeconomic, technological and climate-related factors. As of 30 June 2025, Austria’s eight pension companies managed pension commitments for more than 1.12 million beneficiaries, with assets under management up 3.5% year on year to EUR 28.6 billion. Over 95% of assets are invested in funds, and 26% are held in alternative investment funds, above the European average of 21%. The report also covers liquidity, profitability and solvency risks, climate change impacts, and implementation of Digital Operational Resilience Act requirements for digital resilience. The full report is available (in German) on the FMA website.