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Optional pension funds, assets of 4.54 billion RON, in November 2023

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Optional pension funds, assets of 4.54 billion RON, in November 2023

Optional pension funds, assets of 4.54 billion RON, in November 2023

Optional private pension funds (Pillar III) had assets worth 4.54 billion RON, at the end of November 2023, an increase of 27% compared to the level recorded on the same date of the previous year, according to a report from the Financial Supervisory Authority (ASF).

"Most investments were made locally (96%), most of them being denominated in RON (90%)," the report states.

According to the quoted source, the value of contributions transferred in November was 55.3 million RON, while the average contribution was…

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