Romania Pillar II Private Pension Funds Will Be Able to Invest Up To 10% of Assets in Mutual Funds, from 5% Currently

yesterday, 11:40 By Liviu Popescu

Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of assets in mutual funds, from 5% at present, in line with a draft government emergency ordinance, which also stipulates taking into consideration life-cycle-type funds.

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Keywords:
private pensions
, investments
, mutual funds