Today, 25 January, the Oversight Committee for the System of Private Pensions once again published a status report on the number of participants for voluntary pension funds, valid as at 11 January; the figures presented reflect a correction to the number of participants wrongly reported by Aviva as a result of technical errors.
Today, 25 January, the Oversight Committee for the System of Private Pensions once again published a status report on the number of participants for voluntary pension funds, valid as at 11 January; the figures presented reflect a correction to the number of participants wrongly reported by Aviva as a result of technical errors. In the previously published data, the number of new participants who had both individual contributions and employer contributions has doubled.
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The point of contact for further information is:
Phil Jones - Finance Director
Telephone: 203 83 25
E-mail: phil.jones@aviva.ro
Note for editors:
About the Aviva Group
Aviva is the oldest insurance group in the world and the largest in Great Britain, dating back to 1696. Today, Aviva has 59,000 employees and 40 million customers in 27 countries across the world.
Aviva is one of the leading financial services companies in Europe. Aviva has revenue from insurance premiums and investments totalling 61 billion euros and administers over 535 billion euros' worth of funds.
Aviva Romania
Aviva Romania includes three companies: Aviva Life Insurance, Aviva Administration Company for a Private Pension Fund, Certinvest (purchased on 13 September 2007).
Aviva began operating as a provider of life insurance in Romania in 2000 and currently has agents and development centres in 22 towns and cities and a customer base of over 430,000.
On 26 July 2007, Aviva received approval from the Oversight Committee for the System of Private Pensions to set up a company to administer private pensions (Aviva Administration Company for a Private Pension Fund SA).
Certinvest
Certinvest currently administers €24 million in four mutual funds, each of them based around a different type of investment: Intercapital - a shares fund, Capital Plus - a balanced fund, Orizont - a fixed-income (bonds) fund and Tezaur, a capital market fund. Certinvest also administers individual investment accounts for high-earning customers.