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PILLAR II

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Pillar II Pension Funds Generate 6.2% Average Yield in 2020
Banks-Insurance

Pillar II Pension Funds Generate 6.2% Average Yield in 2020

Pillar II private pension funds generated an average yield of 6.2% in 2020, triple compared with the 2.06% inflation rate, despite the effects of the pandemic, stock declines in spring and u...

Oana Gavrila · 25.01.2021 · 11:02 · 1 min
Mandatory Private Pension Funds’ Assets Hit Record High, Of RON73.1B, In November 2020
Companies

Mandatory Private Pension Funds’ Assets Hit Record High, Of RON73.1B, In November 2020

The seven pension funds operating on the Romanian mandatory segment, known as Pillar II, had total assets of RON73.1 billion at the end of November 2020, reaching a record level and increasi...

Ecaterina Craciun · 15.12.2020 · 21:33 · 1 min
Mandatory Private Pension Funds’ Assets Overshoot RON70B Mark, A Record High Since 2008
Banks-Insurance

Mandatory Private Pension Funds’ Assets Overshoot RON70B Mark, A Record High Since 2008

The seven pension funds operating on the Romanian mandatory segment, known as Pillar II, had total assets of RON70.2 billion at the end of October 2020, up 13% since the beginning of 2020 an...

Ecaterina Craciun · 16.11.2020 · 17:41 · 1 min
Mandatory Private Pension Funds Assets Reach RON69.82B End-September
Companies

Mandatory Private Pension Funds Assets Reach RON69.82B End-September

The seven private pension funds operating the mandatory segment in Romania, known as Pillar II, had assets totaling RON69.82 billion at the end of September, up 12.67% since the beginning of...

Oana Gavrila · 15.10.2020 · 15:23 · 1 min
Pillar II Funds Report Record Assets Of RON66B In 1H/2020
Companies

Pillar II Funds Report Record Assets Of RON66B In 1H/2020

The seven pension funds operating on the Romanian mandatory segment known as Pillar II reported total assets of approximately RON66 billion for the first half of 2020, higher by RON4 billion...

Ecaterina Craciun · 21.07.2020 · 10:26 · 1 min
Pillar II Funds Assets Grow to RON64.6B in May
Companies

Pillar II Funds Assets Grow to RON64.6B in May

The seven pension funds operating on the mandatory segment known as Pillar II had total assets of RON64.6 billion at the end of May, RON2.7 billion higher compare with end-April, data from t...

Oana Gavrila · 13.07.2020 · 12:05 · 1 min
Pillar II Funds Assets Grow RON3.3B in May, to RON64.6B
Capital Market

Pillar II Funds Assets Grow RON3.3B in May, to RON64.6B

The seven pension funds operating on the mandatory segment known as Pillar II had total assets of RON64.6 billion at the end of May, RON3.3 billion more compared with end-April, the latest d...

Oana Gavrila · 16.06.2020 · 14:29 · 1 min
Analysis

Pillar II Pension Funds Post Average Yield of 11.8% in 2019

Mandatory private pension funds in Romania (Pillar II) had an average yield of 11.8% in 2019, the highest in the past nine years, the Romanian association for private pensions APAPR said in...

Oana Gavrila · 16.01.2020 · 11:53 · 1 min
Finance Minister Pledges to Raise Private Pension Contributions to 6% in 2021
Banks-Insurance

Finance Minister Pledges to Raise Private Pension Contributions to 6% in 2021

Romania's government will raise contributions to mandatory private pensions (Pillar II) to reach 6% of contributors' gross wage from the current share of 3.75%, finance minister Florin Citu...

Oana Gavrila · 08.01.2020 · 12:21 · 1 min