The assets under management of individual Spanish pension plans reached €89.6m in April, according to the latest figures from the Association of Collective Investment Institutions and Pension Funds (Inverco).

Inverco said that during April, the volatility seen in the previous months of 2025 continued in the financial markets.

This caused assets to drop by €843m by the end of the month.

The year-on-year return at the end of April was 3.7 per cent, with the long-term fixed income category standing out with a return of 4.9 per cent.

However, over the longer term (five years), the equity category has contributed an average annual return of over 11 per cent.

Furthermore, Inverco’s data revealed that all categories, over all terms, have generated positive returns, with special relevance in the medium-long term, where at 20 years, pension plans registered an average annual return (net of expenses) of 3 per cent.

In the medium term (10 and 15 years), they achieved a return of 2.2 per cent and 3.3 per cent, respectively.

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