pensions
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Generali to offer voluntary pensions in four months
Generali Fond de Pensii is preparing to enter the voluntary private pension market (pillar III) the company's general manager Ion Vreme told ZF. The company will manage one voluntary medium-...
Romanian law discourages private pensions savings
Romanian legislation does not encourage savings via private pensions, as other countries in the region do. The fiscal incentive for private pensions is the lowest in the region, and even in...
Marsh: Brokers will handle 7-8% of voluntary pensions
Insurance and pension brokers will intermediate only 7-8% of the number of new voluntary pension contracts (3rd pillar) starting this year, estimates Daniela Barbieru, senior consultant at M...
CSSPP offers voluntary pensions to its employees
The Private Pensions System Supervisory Commission (CSSPP) has decided to contribute to a voluntary private pension fund (3rd pillar) on behalf of its employees, as part of a benefits packag...
No.1 private pensions agent makes 100,000 euros
The best marketing agent for mandatory private pensions (2nd pillar) closed 2,570 contracts, for Allianz-Tiriac, according to information gathered by ZF from the top 10 pension companies. Th...
Allianz-Tiriac invests a further 27m euros in private pensions
Allianz-Tiriac Pensii Private (Allianz-Tiriac Private Pensions) will make another investment worth around 100 million-RON (around 27 million-euro), as part of an ongoing capital increase, Cr...
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...
Asirom prepares to manage voluntary pensions
Asirom, an insurance company controlled by Austrian group Vienna Insurance, will enter the market of voluntary pensions this year, through Asirom-Concordia, a company where it holds over 99%...
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...