pillar II
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Pension fund assets up 4% in February to 4.7 billion lei
Mandatory pension funds (pillar II) managed 4.7 billion lei (1.1 billion euros) in assets at the end of February, 4% more than in the previous month and almost 2 billion lei more than in the corresponding period of last year, reveal the data of the Private Pen...
The big stake on private pension market: the method for calculating funds’ yields
The biggest stake on the private pension market next year is how the supervisory authority will calculate for the first time the yield of the mandatory pension funds (pillar II), in June, tw...
Pillar II also attracts employees not required to contribute
More than 1.7 million employees aged above 35, namely 39% of Pillar II participants, in late September contributed to mandatory private pension funds, with their number being 4% above the on...
Application of pillar II to healthcare system, a potential 700 million-euro business for insurers
The establishment of private health insurance funds would create a 10 million-client market for insurers, double the market of private pensions.