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ZF English

Verdict on constitutionality of public sector salary and pension cuts postponed

Constitutional Court judges are set to deliver a ruling today on the five petitions regarding the austerity laws for which the Government pledged responsibility before Parliament.

Ziarul Financiar · 24.06.2010 · 19:34 · 1 min
ZF English

Government prepares new taxes in addition to salary and pension cuts

The Government is not content with cutting salaries and pensions in the public sector in order to stay within a deficit of 6.8% (8 billion euros), but hopes to get 205 million euros this yea...

Ziarul Financiar · 26.05.2010 · 21:36 · 1 min
ZF English

Harshest cost adjustment steps in 20 years: 25% salary and 15% pension cuts

The Government last night approved the content of the letter of intent to be sent to the International Monetary Fund that contains the steps to be taken to ensure continuation of the agreeme...

Iulian Anghel · 26.05.2010 · 20:12 · 1 min
ZF English

Pension brokers could transfer clients, but only with notary's seal

The Private Pensions Supervisory Commission (CSSPP) could decide to allow pension brokers to continue to be involved in transferring clients among mandatory funds (2nd pillar), but only if t...

Ziarul Financiar · 21.12.2008 · 17:17 · 1 min
ZF English · Pensions

ING Pensii: Empty accounts will drop to 10% in a few years

ING invested around 66 million euros in order to gain the top position on the market of mandatory private pensions, a sum it expects to recoup in the next ten years.

Angela Placinta · 30.09.2008 · 16:42 · 2 min
ZF English

Clients of private pension funds earn less than the average salary in economy

Clients of mandatory pension funds, i.e. all employees aged below 35 and some of those aged between 35 and 45, earn, on average, less than the average salary in the economy, according to dat...

Ziarul Financiar · 25.09.2008 · 20:27 · 1 min
Bănci și Asigurări

BT Aegon si Grawe Pension Services au fost sanctionate de CSSPP

Fondul de pensii BT Aegon si brokerul de pensii private Grawe Pension Services au fost sanctionate de Comisia de Supraveghere a Sistemului de Pensii Private (CSSPP) cu avertisment scris, pen...

Izabela Badarau · 26.08.2008 · 19:33 · 1 min
ZF 24

CSSPP a sanctionat BT Aegon Fond de Pensii si Grawe Pension Services

Comisia de Supraveghere a Sistemului de Pensii Private (CSSPP) a sanctionat BT Aegon Fond de Pensii si Grawe Pension Services cu avertisment scris pentru incalcarea legislatiei privind marke...

Ziarul Financiar · 25.08.2008 · 14:31 · 1 min
ZF English · Pensions

Former private pension CEO speaks out

One of the eight private pension firm CEOs who lost or gave up their positions less than one year since the start of the system has agreed to speak to ZF about the reasons behind his departu...

Angela Placinta · 18.08.2008 · 19:22 · 2 min