The universal, occupational and voluntary pension insurance arms of ING Bulgaria generated the biggest returns in August, show data on the monthly change in the unit value of the accounts managed by the eight local pension companies. The unit value of ING universal pension accounts was reported at 1.02179 levs in early September. The runner-up performance came from the universal insurance division of LUKoil Garant where unit value was at 1.02117 levs. The next two spots went to Allianz Bulgaria and CCB-Sila. ING Bulgaria topped the July rankings as well and was followed then by CCB-Sila, DSK Rodina and Saglasie. The unit value of the accounts in all eight pension funds was 1 lev on July 1, 2004, the date on which a system for daily valuation of the assets and liabilities of the pension companies was introduced. Also from July 1, the pension companies are obliged to provide information on the value of the accounts in units and in the local currency. The change in the value of the account unit reflects the return that the respective company has managed to generate from the management of its assets. Information on the fluctuations in the unit value of their accounts will be available to the account holders on a daily basis. The unit value of pension accounts at all domestic insurers increased in August, outperforming the value gains posted in July.