ING Pensions: We shall launch an on-line IT system for clients to check their personal account at any moment
At the end of this week, ING Pension Fund will launch an IT application whereby the company’s almost 1.4 million clients in mandatory pensions (pillar II) will be able to check over the internet the value of their personal account and the contribution history, stated Radu VASILESCU, CEO of ING Pension Fund, the market’s leader, for www.privatepensions.ro.
“At the end of this week we shall be able to make available an online IT application for the participants and, by using a password, they shall have access to their personal private pension account”, said VASILESCU. On the portal www.mying.ro, any participant to the ING fund will find an electronic form they can fill in. Once they fill in the form, the participants will be contacted by the ING call center, on the phone number specified in the enrolling form.
They will receive a password and will be able to access online, at any moment, the information on their personal account: the existing assets and the contribution history. For now, ING is the first pension fund announcing the launch of such a facility for the participants to its mandatory private pension fund (pillar II).
ING Pensions is the market leader in this field, with almost 1.4 million clients (33.2% of the market). After the first contribution transfer round, ING strengthened significantly its position on the market, reaching a 38.3% market share.
