Except ING Pensii, all Pillar II fund administrators registered losses last year, reads the report.

According to CSSPP data, ING Pensii posted a profit of RON2.21 million, from losses of RON2 million in 2009.

The most significant losses on Pillar II were registered by BCR Pensii – RON25.7 million ( from RON9 million in 2009), Eureko Pensii – RON11.3 million (RON14.3 million) and Allianz-Tiriac Pensii – RON4.6 million (RON4 million in 2009).

On the other hand, the nine Pillar II funds registered a net cumulated profit of RON422.4 million last year, up 63.5% compared to 2009.

The first three most profitable private pension funds are ING (administered by ING Pensii) – RON171.3 million (RON111.9 million in 2009), AZT Viitorul Tau (Allianz-Tiriac Pensii) – RON102 million and Aripi (Generali Pensii) – RON33.3 million.

The 13 funds on the voluntary private pension segment (Pillar III) registered a RON25.7 million profit, up 25.8% compared to 2009.

The most profitable Pillar III funds were ING Optim (administered by ING Asigurari de Viata) – RON7.5 million (from 6.4 million in 2009), followed by AZT Moderato (Allianz-Tiriac Pensii) – RON4.8 million, BCR Prudent (BCR Pensii) – RON4 million and ING Activ (ING Asigurari de Viata) – RON4 million.

Pillar III losses in 2010 stood at of RON17.26 million in 2010, from RON11.1 million in 2009.