pensions
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NG Viata targets 1 million clients for pillar II pensions
iING Asigurari de Viata has set itself as a target winning one million customers from the 3 million employee market of compulsory private pensions (pillar II), says Radu Vasilescu, pensions...
ING gets broker for optional pensions authorised
Amsterdam Broker de Asigurare and OVB Allfinanz Romania Broker de Asigurare are the first insurance brokers on the local market to apply to the Private Pension Supervisory Commission (CSSPP)...
100,000 consultants prepare to launch private pensions
Insurance companies involved in the private pensions system will hire 70,000 to 100,000 consultants in order to sell pension products. "We estimate 70% of our sales will be done through our...
Licensing applications for compulsory pensions can now be submitted
Today, April 10th, begins the licensing period for the future managers of private compulsory pensions (the 2nd pillar), according to the schedule announced by the Pensions Commission (CSSPP)...
Private pensions ready for launch
The launch of optional private pensions (the 3rd pillar) is fast approaching, with the first contributions being collected in May and the collection of compulsory private pensions (the secon...
Omniasig Viata wants 10% of private pensions market
Omniasig Asigurari de Viata, part of Vienna Insurance Group, plans to grab around 10% of the private pensions market from the very first year both on pillar II (compulsory private pensions)...
Private pensions are on schedule
The timetable for the setting up of the private pensions system will not be influenced by the letter sent by some of the future managers as they stand no chances of changing the law on the p...
Aviva: private pensions market to attract 600,000 people
Life insurance company Aviva intends to be one of the top two players on the market of private pension funds, estimating that 600,000 people will apply for an optional private pension in the...
Bancpost prepares to sell pensions and bonds
The shareholders of Bancpost, the sixth largest bank on the market, have decided in favour of having the institution's business expand by including the distribution of fund units of pension...