Dynamics of Assets and Investments in Romania Voluntary Pension Funds

Constantin Durac ()
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Constantin Durac: University of Craiova, Romania

Annals of the University of Petrosani, Economics, 2016, vol. 16, issue 1, 113-124

Abstract: In most countries, private pensions have an increasingly more important place in the current pension systems. Their importance consist on the one hand, by their contribution that have to preserve a level of income in retirement, comparable to the active period, and on the other side, by the amounts collected from the participants and investments in various investment instruments. In this article I analyze the overall evolution of total assets and net assets on 30 September 2007 - September 30, 2016, and dynamics of the main investment instruments in which pension funds have made investments optional.

Keywords: voluntary pension funds; pillar III; net assets; placements (search for similar items in EconPapers)
JEL-codes: G23 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:16:y:2016:i:1:p:113-124

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