First private pensions deal expected towards yearend - 14 Aug 2008

All news

The first acquisition on the private pensions market could occur by the end of the year, according to Mircea Oancea, head of the Private Pensions Supervisory Commission (CSSPP).

Private pensions are considered the business of the next few decades, with companies forecast to manage sums worth billions of euros. "We expect to receive a request for a portfolio transfer from one mandatory pensions fund to another by the end of the year, but for the time being, we have had no such requests,"...

Read the whole story in: Ziarul Financiar