12.09.2015

Pensions will be raised by 5% in 2016, instead of 4.31% as previously calculated, therefore, the pension point will rise to RON871.7, from RON830.2 in 2015, as per an emergency ordinance approved by more

11.26.2015

Mandatory private pension funds (pillar II) posted 4.4% average yield this year, half as much as they did last year, as government paper interest decline slowed down and the stock market had a modest more

09.01.2015

The high volatility on the financial markets halved the yields of the mandatory private pension funds to an average of 3% this year. more

05.04.2015

Private pension funds in Romania had nearly EUR820 million invested in the shares of 35 Romanian companies listed on the Bucharest Stock Exchange, at the end of the first quarter of 2015, compared to more

03.17.2015

Assets managed by private pension funds in Romania reached RON20.2 billion (EUR4.5 billion) at the end of 2014, up 36.7% on the year, and account for 3.05% of Romania's gross domestic product, from more

03.10.2015

Private pension funds are discussing with the Financial Supervisory Authority (ASF) an increase of the cap on share investments. A 5-percentage point increase to 25% of their assets would translate more

01.16.2015

Certinvest has taken over APF, which manages the Pensia Mea voluntary private pension fund, from insurer Metropolitan Life Romania. more

12.29.2014

The assets of Romanian mandatory (Pillar II) and voluntary (Pillar III) private pensions are expected to reach nearly 26.3 billion lei at the end of 2015, of which Pillar II will total some RON25 more

11.06.2014

Private mandatory pension funds with high investments in Romanian stocks rather than foreign ones boasted the highest returns in the first nine months of this year, of as much as 8.2%, as the more

07.22.2014

Romania's financial watchdog ASF plans to amend the investment policy for pension funds to allow then to make higher direct investments in the economy, the institution said in a statement Tuesday. more

07.09.2014

The net assets of Romanian mandatory (Pillar II) and voluntary (III) private pension funds reached 17.5 billion lei (EUR4 billion) at the end of June, up 18.6% compared with December 2013, the more

05.26.2014

The Bucharest Stock Exchange's chronic lack of liquidity may cause problems to private pension fund managers which, under the law, are required to invest some of the assets in stock trading on the more

05.21.2014

The assets of Romania’s mandatory private pension funds (Pillar II) rose by nearly RON3 billion in the last 6 years, reaching RON15.46 billion (EUR3.47 billion), the Pension Fund Association (APAPR) more

05.19.2014

Private mandatory pension funds (pillar II) held investments of 2.3 billion lei in stock of companies listed on the bourse at the end of March, double the volume posted in the same period of last more

05.12.2014

Confusion as to how many employees there are in Romania increased at the end of last week after a report of the National Trade Union Bloc, one of the most powerful trade union organizations in the more

04.09.2014

Private pension funds in Romania may invest EUR500 million on the capital market, in new public offerings, between 2014 and 2015, said Raluca Tintoiu, general manager of ING Pensii. more

01.08.2014

The average yield of Romania’s voluntary private pension funds (Pillar III) reached a three-year high of 11.33% in 2013, and their total net assets stood at 811 million lei (EUR184 million) in more

12.20.2013

The institutions in charge of pensions, health insurance and highways, which have total budgets of over EUR17 billion, are run by three executives who have been politically appointed by ruling more

10.28.2013

The net profit of Romanian mandatory (Pillar II) and voluntary (Pillar III) private pension funds reached 462.8 million lei (EUR104.2 million) in the first half of 2013, up 41% on the year, according more

10.28.2013

Banks’ supremacy on the market of government bonds is about to end after local clients of government bonds, who include pension funds, as well as foreign clients have boosted their portfolios to more

10.07.2013

The net assets of Romanian mandatory (Pillar II) and voluntary (III) private pension funds reached 13.5 billion lei (EUR3.02 billion) at the end of September, the Romanian association of private more

08.27.2013

Deindustrialization and the loss of jobs in the last twenty years have caused an anomaly for an economy and society, which has more retirees than employees and can only run on a deficit. more

07.29.2013

Some 2.3 million of the 5.9 million Romanians holding mandatory private pension accounts (Pillar II) paid no contributions in June, because they either have no job or are working based on no labor more

06.14.2013

Romania had 5.433 million pensioners in the first quarter of the year, 98,000 fewer than in the similar interval a year ago, and the average monthly pension increased 3.8% to 795 lei (EUR177), the more

05.14.2013

Over 5.8 million Romanians collected an average of 1,861 lei (EUR421) after five years of mandatory contributions to private pension funds, with the amount raised so far being enough to buy a holiday more