12.09.2015

The Romanian Government on Wednesday decided to push back to 2017 the deadline by which contributions to the mandatory private pension system (Pillar II) will be increased to a maximum ceiling of 6%. more

11.17.2015

Assets managed by private pension funds in Romania rose nearly 30% on the year to RON24.27 billion (EUR5.5 billion) in the first nine months of 2015, and account for 3.46% of Romania's gross domestic more

01.19.2015

Private pension funds in Romania are seen reaching RON26.3 billion in assets at the end of this year, of which RON25 billion on the mandatory segment (Pillar II), Raluca Tintoiu, head of the local more

01.07.2015

Mandatory private pension funds (Pillar II) had an average yield of 8.71% last year, from 11.75% in 2013, and reached total assets of RON19.1 billion (EUR4.26 billion) in December 2014, 37% higher more

12.04.2014

Assets managed by private pension funds in Romania reached RON18.8 billion at the end of September, up 27.12% from the end of 2013, and account for 2.8% of Romania's gross domestic product, according more

10.13.2014

Youths are uniformed or uninterested in private pensions, as in 2014 alone, 80,000 persons were randomly distributed to one of the eight pension funds as they had no option, Ileana Ciutan, head of more

10.13.2014

The problems on the capital market and insurance market have started to affect the credibility of private pension funds, which is a cause for concern, Ion Giurescu, vice-president of Romania's more

09.24.2014

Half of Romanians believe "someone else" must ensure they have decent pensions upon retirement, particularly the state, which explains' people's low interest for the private pension system, an online more

09.23.2014

Misu Negritoiu, head of Romania's financial regulator ASF, said Tuesday it is good for Romanians to contribute to private pension funds, whether or not they expect to eventually live off that money, more

04.23.2014

The total profit of the eight mandatory private pension funds (Pillar II) in Romania reached RON1.25 billion in 2013, up 59% on the year, according to data released by fund administrators. more

01.27.2014

Private pension funds in Romania will have around EUR500 million in the next two years to invest in public offerings and corporate bonds, Raluca Tintoiu, general manager of ING Pensii, said Monday. more

01.06.2014

The average yield of Romania’s mandatory private pension funds (Pillar II) reached a three-year high of 11.75% in 2013, and their total net assets stood at 13.94 billion lei (EUR3.1 billion) in more

11.27.2013

Romania’s mandatory (Pillar II) private pension funds will cash contributions of EUR870 million in 2014 and reach net assets of EUR4.2 billion at the end of next year, from EUR2.96 billion on more

11.07.2013

Contributions to the mandatory private pension system (Pillar II) will increase from 4% to 4.5% of employees’ gross income in 2014, according to Romania’s draft state budget for next year, more

07.10.2013

Mandatory and voluntary private pension funds in Romania registered average annual yields of 11.4% and 9.4%, respectively, over the past five years and their assets reached 12.2 billion lei (EUR2.75 more

02.21.2013

The net assets of Romanian mandatory (Pillar II) and voluntary (III) private pension funds reached 10.61 billion lei (EUR2.41 billion) at the end of January, up 3.62% from December 2012, private more

01.21.2013

Romania will increase the rate of contribution to mandatory private pension funds (Pillar II) from 3.5% to 4% of employees’ gross wages and the sum collected is estimated at 3.05 billion lei (EUR701 more

01.16.2013

The assets of Romanian mandatory (Pillar II) and voluntary (Pillar III) private pensions will reach 13.8 billion (around EUR3.1 billion) at the end of 2013, up 35% from December 2012, according to more

01.07.2013

Romanian mandatory and voluntary private pension funds posted average yields of 10.5% and 9.96% last year, respectively, and reached total net assets of 10.23 billion lei (EUR2.3 billion) in December more

12.12.2012

The future single watchdog of Romania’s financial markets could be no more than a formal change because it is still parties who appoint the management. more

11.20.2012

Romania’s draft state budget for 2013 states the sum needed to increase the rate of contribution to mandatory private pension funds (Pillar II) from 3.5% to 4% of employees’ gross wages, Ileana more

07.20.2012

The assets of Romania's mandatory (Pillar II) and voluntary pension funds (Pillar III) reached 8.44 billion lei (EUR1.84 million) at the end of June, up 3.2% on the month, private pension system more

06.18.2012

Romania's mandatory (Pillar II) and voluntary (Pillar III) private pension funds reported net assets worth 8.17 billion lei (EUR1.83 billion) at the end of May, up 2.15% on the month, according to the more

05.15.2012

The net assets of Romanian mandatory (Pillar II) and voluntary (III) private pension funds reached 7.99 billion lei (EUR1.79 billion) at the end of April, up 3.2% on the month, private pension more

04.18.2012

The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) amounted to 7.75 billion lei (EUR1.7 billion) at the end of March, up 3.62% on the more