Locked content OFEs transfers PLN 716.5 mln to ZUS in February

Private pension funds OFE transferred PLN 716.5 million to the Social Security Fund ZUS under the pre-retirement asset shift in February. In the other direction, PLN 275.1 million in premiums were transferred. Under the Polish law, each OFE member has their assets transferred to ZUS over the 10-year...

Locked content OFE net assets value drop by 5.2% in February

The net assets of the Polish private pension fund (OFE) amounted to some PLN 174.2 billion in February a 5.2 percent month-on-month decrease, according to a report issued by researcher Analizy Online. “The MSCI World index, reflecting the situation on the trading floors in dozens of countries with d...

Locked content OFEs again refuse to sell Tarczyński shares

Three open pension funds (OFEs) Nationale-Nederlanden Otwarty Fundusz Emerytalny, Aviva Otwarty Fundusz Emerytalny Aviva BZ WBK, and Otwarty Fundusz Emerytalny PZU Złota Jesień have said they will not sell their shares in WSE-listed meat processor Tarczyński despite the second price hike to PLN 14, ...

Locked content OFEs won’t sell Tarczyński shares depite price hike

A group of Open Pension Funds (OFE) informed that they will not be responding to the tender offer for WSE-listed meat processor Tarczyński despite the recent price hike to PLN 12.6 apiece from the previous PLN 10.5 price tag. The group includes OFE Aviva BZ WBK which holds 14.37 percent stake, and, ...

Locked content OFEs transfers PLN 747.4 mln to ZUS in January

Private pension funds OFE transferred PLN 747.7 million to the Social Security Fund ZUS under the pre-retirement asset shift in February. In the other direction, PLN 227.2 million in premiums were transferred. Under the Polish law, each OFE member has their assets transferred to ZUS over the 10-year...

Locked content OFE assets grow in January

Net assets under management of open pension funds (OFE) totaled PLN 183 billion at the end-January, up by 2.6 percent m/m, the Financial Supervision Authority KNF reported. The three biggest funds in terms of net assets (out of 11 currently operating) are: Nationale-Nederlanden OFE (PLN 45.9 billion...

Locked content OFEs won’t sell Tarczyński shares in the tender

A group of Open Pension Funds (OFE) informed that they will not be responding to the tender offer for WSE-listed meat processor Tarczyński. The group includes OFE Aviva BZ WBK which holds 14.37 percent stake, and, Nationale-Nederlanden OFE (6.97 percent stake) as well as a number of other funds whic...

OFE net assets value increase by 2.9% in January

The net assets of the Polish private pension fund (OFE) amounted to some PLN 184.3 billion in January a 2.3 percent month-on-month and 2.9 percent y/y increase, according to a report issued by researcher Analizy Online.

Locked content ZUS transfers PLN 11.6 mln to OFEs this week

Social Insurance Board (ZUS) transferred PLN 11.6 million to the open pension funds (OFE) this week. So far this year, ZUS transfers amounted to PLN 227.2 million. Last year, ZUS transferred PLN 2.93 billion to OFEs. Poland has been transferring a portion of the Poles social security premium to thei...