Voluntary pensions market: 135,900 clients and EUR 18 mn. AuM at the end of October
Over 10,000 Romanians became new members in the voluntary private pensions system (3rd pillar) during October, bringing this market at the total figures of 135,900 participants and EUR 18 million net assets, according to an analysis made by www.privatepensions.ro.
The total voluntary private pensions market's assets reached EUR 18 million at the end of October, a EUR 2 million growth compared to the end of September. For the end of this year, the most plausible estimations show a total amount of 150,000 participants and about EUR 23 million net assets.