ROMANIA - Romania's mandatory pension funds returned 15.1% in 2010 and saw assets under management rise to €1bn ($1.3bn) for the first time.
ROMANIA - Romania's Constitutional Court has ruled in favour of the government's pension law, introduced to help the country qualify for emergency IMF funding.
ROMANIA - Romania's Constitutional Court has rejected opposition challenges to pension changes vital to the terms of an international bailout loan.
ROMANIA - Romanian private pension funds continued their strong investment performance with both pillars posting double-digit returns over the first three quarters of 2010.
ROMANIA - Romania's parliament has approved changes to the national pension system in order to qualify for a €900m ($1.2bn) loan from the International Monetary Fund.
Romania's private pension system has only been operational since 2007, but they have been an eventful three years, as Chris Panteli discovers
Romania's fledgling private pensions system was launched just as the scale of the global financial crisis became clear. Chris Panteli finds out how it has delivered under some of the tightest investment regulations in Europe
Romania's Private Pension System Supervisory Commission (CSSPP) has overseen the operation of the country's retirement benefit model since its launch in 2007. Chris Panteli speaks to its deputy general manager, Anca Nicolaescu, about the commission's...
ROMANIA - Romania is considering the introduction of lifestyling options into its fledgling pension system, the country's regulator said.
ROMANIA - Romanian mandatory private pension funds posted a 9.5% profit for the first quarter of 2010 and gained 24.2% in the 12 months ending March 31, data by pension supervisory authority Comisia de Supraveghere a Sistemului de Pensii Private (CSSPP)...
ROMANIA - The Romanian government has approved a draft law to reform state pensions in a bid to reduce the pressure pensions exert on its national budget.
ROMANIA - Romania's mandatory pension system returned 17.7% in 2009 while the voluntary system boasted returns of 15.9%, figures by the Romanian Pension Fund Association (APAPR) showed.
EUROPE/CENTRAL ASIA - Pension funds in Europe and Central Asia should provide pension increases in line with cost of living indexes instead of wages to make the systems more sustainable, the World Bank said.
ROMANIA - Workers have missed out on an opportunity to capitalise on recent double digit returns because contribution levels are too low, the country's pension funds association (APAPR) says.
ROMANIA - The International Monetary Fund has reached a €12.95bn (£12.1bn) support deal with Romania in a bid to help the country through the economic crisis.
ROMANIA - Proposals to freeze mandatory second pillar contributions have met with fierce opposition and condemnation from European pension bodies.
ROMANIA - Interamerican Pensions is set to takeover Bancpost Pensions - Romania's eleventh largest fund in the mandatory private pensions market.
ROMANIA - Romania's government said it will cut spending on education and transport in December to maintain its 2008 budget deficit target after raising pensions.
ROMANIA - The current financial crisis does not endanger the funding of the private pensions market in Romania, the Comisia de Supraveghere a Sistemului de Pensii Private (CSSPP) has claimed.
ROMANIA - The private pensions regulator of Romania, the CSSPP, has fined more than a third of the country's private pension brokers.
ROMANIA - The first acquisition in the private pensions market could occur by the end of the year, the Romanian Private Pensions Supervisory Commission says.
ROMANIA - Fondul Proprietatea has announced a list of investment managers hoping to take part in the management of the scheme.
ROMANIA - This year should be the most significant yet in Romania's drive to reform its pension system with two new laws set to reach the statute book.
ROMANIA - A draft bill to introduce mandatory occupational pensions in Romania is to be introduced in parliament shortly.