PRIVATE PENSION
17 articole · RSS
Private Pension Funds’ Assets Seen To Rise To 1.66% Of GDP By Yearend
The net assets of Romania’s private pension funds might rise to 1.66% of the gross domestic product by the end of the year, from 1.22% in September 2011, when they reached 6.2 billion lei (E...
Private Pension Fund Yields Lower Than Bank Deposit Rates
Clients of private pension funds would have earned twice as much if they had they placed their money in banks.
Mandatory Private Pension Funds’ Profit Fell 72% In 2011 To RON108.4M
Romanian mandatory private pension funds (Pillar II) posted a cumulated profit of 108.4 million lei (EUR24.9 million) in 2011, down 72% on the year, due to the reduction of the weighted aver...
How Much Money Private Pension Funds Have Made Over The Past Year
Mandatory private pension funds have narrowly escaped the severe corrections recorded on the stock exchanges under the impact of the sovereign debt crisis and posted yields of up to 5.7% ove...
Private Pension Funds' Net Assets Up 4% In Oct, To RON6.45B
The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) reached 6.45 billion lei (about EUR1.48 billion) at the end of October, up 4....
Private Pension Funds’ Yield Topped Inflation Over Past Four Years - Association
The average annualized yield of Romania’s mandatory private pension funds and voluntary pension funds reached 12.1% and 7.4%, respectively, since they were set up, and exceeded the average a...
Bucharest Court Of Appeals Cancels Fine Against Pension Fund Aegon Pensii
The Bucharest Court of Appeals cancelled a 150,301 lei (EUR34,850) fine applied by the Competition Council in 2010 against private pension fund Aegon Fond de Pensii for breaching the law reg...
Labor Ministry Reduces Capital Requirement For New Private Pension Providers To EUR5M
Romanian companies looking to operate as private pension providers will need to have a minimum share capital of EUR5 million, half the amount proposed in December 2010, according to a new bi...