ALLIANZ-TIRIAC's two voluntary pension funds grew 12% in August
ROMANIA. The combined assets of the two voluntary pension funds (3rd
pillar pensions) managed by ALLIANZ-TIRIAC Private Pensions grew by 12%
in fduring August, to reach 4.15 EUR mln. Also, the number of
participants to the two funds grew by 1% in August, to over 36.000. At
the end of August 2008, Romania's voluntary pensions market comprised
of over 120,000 participans and assets of about 15 EUR mln. - the exact
data is to be published this week by the CSSPP (Romania's private
pensions regulator).
02.09.2008
