What Fondo Pensione Pegaso does

Fondo Pensione Pegaso is an Italian complementary (supplementary) pension fund headquartered in Rome and registered with COVIP (Commissione di Vigilanza sui Fondi Pensione) under number 100. The fund is a not-for-profit entity serving employees of public utility service companies in Italy, organized under social-partner governance with an Assembly of Delegates and a Board of Directors (President: Luca Pasquadibisceglie). As of 31 December 2025, the fund serves 41,433 associated workers across 523 associated companies, with cumulative contributions of €2.08 billion, assets under management of €1.65 billion, and €987 million in benefits paid to members, generating €554.6 million in value added for participants.

The fund's product offering is built around five investment profiles (Crescita/Growth, Dinamico/Dynamic, Bilanciato/Balanced, Prudente/Prudent, and Garantito/Guaranteed) combined with a Life Cycle strategy that automatically rebalances asset allocation based on the member's time horizon to retirement. Supporting digital infrastructure includes an online adhesion portal (fondimatica.it), a member reserved area, a pension calculator simulator, and an appointment-based expert consultant network (Rete Esperti Pegaso). Member assets are held by a Depositary institution, structurally insulating them from manager insolvency.

The fund operates a subscription-based business model funded through payroll-deducted employee contributions supplemented by employer matching, with tax-deductible contributions and preferential taxation on benefits as core member incentives. Distribution is anchored by B2B employer partnerships with 523 public utility firms, supplemented by direct online self-enrollment and an expert advisory network. In June 2026, COVIP certified Pegaso as eligible to receive automatic enrollments from 1 July 2026, materially expanding the addressable inflow base under the new pension reform.

Name

Fondo Pensione Pegaso

Legal name

Fondo Pensione Pegaso

Website

https://fondopegaso.it

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Fondo Pensione Pegaso is an Italian not-for-profit complementary pension fund, registered with COVIP under number 100, serving 41,433 employees across 523 public utility companies with €1.65 billion in assets under management.

Ownership category

akta.pro rank

Product category

Supplementary Pension Fund Management

NAICS

Pension Funds (525110), Pension Funds (52511)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate & Public Pension Funds (DB/DC Sponsors) (FSAAAGAA)

akta.pro secondary industries

Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK), Pensions & Retirement Benefits Administration (BPAIAKAA), Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

Keywords

• Supplementary pension fund
• Retirement savings
• Complementary pension
• Pension fund management
• Investment profiles

Headquarters

HQ city

Rome

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Pension Fund Management: The fund generates revenue through management of pension contributions from employees of public utility companies. Members pay contributions that are invested according to chosen profiles, with the fund earning management fees on assets under administration.

Pricing tiers

Distribution channels3 records

Marketing channels4 records

Core offering

Fondo Pensione Pegaso is a non-profit supplementary pension fund that collects contributions from employees of public utility service companies, invests them across five risk-graded profiles (Garantito, Prudente, Bilanciato, Dinamico, Crescita) or under an automatic Life Cycle strategy, and pays out retirement benefits to members. The fund operates under COVIP supervision, holds member assets with a Depositary institution, and offers tax-deductible contributions with preferential taxation on benefits.

Product overview

Fondo Pensione Pegaso is a supplementary pension fund (Fondo Pensione Complementare) for employees of public utility service companies. The fund offers five distinct investment profiles (Crescita/Growth, Dinamico/Dynamic, Bilanciato/Balanced, Prudente/Prudent, and Garantito/Guaranteed) combined with a Life Cycle option that automatically adjusts investment strategy based on the member's age approaching retirement. Members access services through online portals including the reserved area, adhesion portal, and expert appointment booking system.

Differentiator

Problem solved

Functional benefit

Products and services

• Fondo Pensione Pegaso (Supplementary Pension Fund) Core supplementary pension fund product collecting employee and employer contributions, investing them across multiple risk profiles, and paying retirement benefits to members; designed for workers in the Italian public utility sector seeking tax-efficient retirement savings beyond the mandatory national pension.
• Profilo Garantito (Guaranteed Profile) Capital-guaranteed investment profile for members approaching retirement within 2 years, designed to protect accumulated capital as the retirement date nears.
• Profilo Prudente (Prudent Profile) Conservative investment profile with 60% bonds and 40% guaranteed/equity mix, targeted at members with 2–5 years remaining until retirement.
• Profilo Bilanciato (Balanced Profile) Medium-risk investment profile for members with 5–14 years remaining until retirement, providing a balanced mix of asset classes.
• Profilo Dinamico (Dynamic Profile) Balanced investment profile with 50% equity and 50% bonds, designed for members with 14–24 years remaining until retirement.
• Profilo Crescita (Growth Profile) Long-term investment profile with 100% equity allocation, designed for members with more than 24 years until retirement.
• Life Cycle Strategy Age-based investment strategy that automatically adjusts asset allocation across the fund's profiles as members approach retirement, combining multiple profiles into a single hands-off retirement path.

Quantifiable outcome

• €987 million in benefits paid to members
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• COVIP (Commissione di Vigilanza sui Fondi Pensione)coreOthersRegulatory oversight body for Italian pension funds. Fondo Pegaso is registered with COVIP under number 100 and operates under their supervision. In June 2026, COVIP certified Pegaso as eligible to receive automatic enrollments from July 2026 under the new pension reform.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Sanedil: Italian sectoral complementary pension fund for construction workers. Directly comparable to Pegaso as a COVIP-regulated, sector-specific occupational pension fund with similar member geography and contribution mechanics.
• Byblos (Fondo Byblos): Italian sectoral complementary pension fund for chemical and pharmaceutical sector employees. Comparable to Pegaso as a COVIP-regulated, sector-specific occupational pension fund with a similar multi-profile investment offering.
• Cometa (Fondo Cometa): Italian sectoral complementary pension fund (fondo negoziale) for metalworking and related industrial employees, supervised by COVIP. Directly comparable to Pegaso as a sectoral, employer-based pension fund with multiple investment profiles and a similar AUM scale.
• Telemaco (Fondo Telemaco): Italian sectoral complementary pension fund for telecommunications workers. Closely comparable to Pegaso as a utility-adjacent, sector-based occupational pension fund with COVIP registration and similar AUM profile.
• Priamo (Fondo Priamo): Italian sectoral complementary pension fund for transport and logistics workers. Comparable to Pegaso as a COVIP-regulated, sector-based occupational pension fund with multiple investment profiles and payroll-deduction funding model.
• Quas (Fondo Quas): Italian sectoral complementary pension fund for electrical and related industrial workers. Comparable to Pegaso as a sectoral occupational pension fund with overlapping utility-adjacent member base and COVIP oversight.
• Espero (Fondo Espero): Italian complementary pension fund for public-sector employees (school and public administration workers). Comparable to Pegaso as a COVIP-regulated occupational pension fund with automatic enrollment potential and similar governance structure.
• Fonte (Fondo Fonte): Italian sectoral complementary pension fund for commerce, services, and tourism employees. Closely comparable to Pegaso as a COVIP-regulated, sector-specific occupational pension fund with a similar member base and product structure.
• Arco (Fondo Arco): Italian sectoral complementary pension fund for the wood, furniture, and related industries. Comparable to Pegaso as a COVIP-regulated occupational pension fund with multi-profile investment offerings and employer-channel distribution.

Broad incumbents

• Generali Italia Pensioni: Major Italian life insurance and pension provider with a broad pension product portfolio including open pension funds (fondi aperti) and individual pension plans. Comparable to Pegaso as a COVIP-supervised pension provider, though operating at significantly larger scale and broader scope.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCJ8BV8pZvNHE
• LinkedInlinkedin.com/company/fondo-pensione-pegaso

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fondo Pensione Pegaso