mandatory
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Five mandatory pension funds in search of buyers
No less than five mandatory private pension funds (pillar II) have announced plans to sell their portfolios in the past month. Now that the official campaign has ended, the question is; whic...
Prima Pensie and OTP poised to sell mandatory pension funds
Market sources have hinted to ZF that Prima Pensie and OTP will sell their mandatory private pension funds, after they launched negotiations with other pension managers with a view to exitin...
Mandatory pension funds collect 200m euros
The 18 mandatory private pension funds will cumulate assets worth around 200 million euros by the end of this year, according to estimates made by the three largest companies on the market....
The big winners in mandatory private pensions
The largest financial campaign since the 1993 privatisation coupon programme ended last Thursday with an almost 50% higher-than-expected participation rate. People were attracted by two magi...
ING overshoots 1m-client mark for mandatory pensions
ING's mandatory private pensions fund (pillar II) overshot the 1 million-client mark on Wednesday, said company representatives. ING Pensii (ING Pensions) has increased its share capital by...
Banks account for less than 10% of mandatory pensions
The 7 banks which have had a direct involvement in the management of mandatory private pensions (pillar II) together have a less than 10% market share, after the first 3 months of selling su...
Mandatory private pensions: almost 3 million clients in three months
More than 2.93 million employees under 45 years of age have already chosen a fund for their mandatory private pension (pillar II) in the first three months since joining one has become possi...
Mandatory private pensions: 2 1/2-month official results
Over 2.6 million employees under 45 have joined one of the 18 mandatory private pension funds (pillar II) within the first two and a half months since the start of the sales campaign, accord...
Mandatory pension mergers, unattainable before March
No mergers or acquisitions can be sealed between mandatory pension companies or funds ahead of March 2008, when the pensions commission (CSSPP) will bring the specific secondary legislation...