Private pension funds make EUR 106 ml in 2010 profit

Private pension funds made over 106 million euros in 2010 profit, up by more than 61 pct from 2009, shows the annual report of the Private Pension System Supervisory Commission (CSSPP). Pension funds' profits represent the cumulated net gains derived from the performed financial investments and are shared among the over 5.12 million participants registered in the private pension system at the end of last year. In 2010, the share of contributions to Pillar II of mandatory ...

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