Private Pension Assets To Be Transferred To Conservative Funds 10 Years Before Retirement

11.10.2011 By Oana Gavrila

Private pension contributions amassed in pension funds on Pillar II (mandatory private pensions) will be transferred to funds with low-risk investments 10 years before the contributor retires, to protect assets from potential market turmoil.

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Keywords:: PRIVATE PENSIONS; , LEGISLATION; ,

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