Allianz-Tiriac: 20,000 clients for voluntary private pensions

Allianz-Tiriac Pensii Private (Allianz-Tiriac Private Pensions) has exceeded the 19,000 client-mark for its two voluntary private pension funds (the 3rd pillar), company representatives told ZIARUL FINANCIAR. As a result, Allianz-Tiriac remains at the top of the developing market, ahead of ING Asigurari de Viata (ING Life Insurance), which reported 11,000 clients last week, Aviva, BCR Asigurari de Viata (BCR Life Insurance) and OTP Garancia. The company’s goal is to end the year as the leader of the voluntary pensions market, with around 30,000-35,000 clients (signed contracts), which includes 20,000 contributors (clients who have already paid their first contribution), according to Crinu Andanut, CEO of Allianz-Tiriac Pensii Private. “Everyone is now focusing on mandatory pensions. Additionally, only a small percentage of mandatory pensions clients understand the benefits of voluntary pensions. The coming period will not be so positive for selling these products, with the year about to end. Overall, I would say the campaign, which overlapped the campaign to join the mandatory pensions system, has had more of a negative impact than a positive one,” he added.