pensions
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Allianz-Tiriac: private pensions to top 1.1bn euros in 2010
Allianz-Tiriac, the current leader on the insurance market, is getting ready to file for a licence to manage optional private pensions (third pillar), stated Crinu Andanut, head of the compa...
BT and Aegon to invest 5m euros in private pensions company
Banca Transilvania and Dutch life insurance company Aegon will invest five million euros in a company that manages mandatory private funds (The 2nd Pillar), which will start its activity in...
Generali: 1.5m-euro advertising for private pensions
Generali: 1.5m-euro advertising for private pensions
BCR Asigurari de Viata taps into private pensions
BCR Asigurari de Viata is poised to enter the segment of optional pension funds once legislation in the domain has been finalised. The company's shareholders are to add this future activity...
AIG Life to invest 10 million euros in private pensions
AIG Life, the second-largest insurance company in Romania, estimates it will invest about 10 million euros to establish a company that manages private pension funds. "We are directly interes...
3m-euro advertising for private pensions
The Supervisory Commission of the Private Pensions System will spend the net sum of three million euros for a promotional campaign for private pensions that will start in the autumn. The mon...
Private pensions mandatory for under 35s
The number of participants in private pension funds will increase to about one third of the active population, according to a proposal to modify the law. This would extend the mandatory requ...
Delay to private pensions means they may be set up in vain
Delay to private pensions means they may be set up in vain
Private pensions: waiting for the legislation
The beginning of reform in the Romanian pension system has put the business environment on alert: insurance companies voice interest in managing the pension funds to be established at some p...