Czech pension company KB Penzijní společnost (KBPS) currently manages more than CZK 50bn in assets. Some CZK 48bn of the sum are formed by client money. The volume of client money in management increased by about 10% in last 12 months, ČIANEWS was told by Pavel Racocha, the chairman of the board of directors and executive manager of KBPS. According to his words, the autumn marketing campaign focuses on pension savings for underage clients. KBPS intends to develop advisory services for firms and employees of firms contributing to pension savings in 2017. It will also extend the distribution chain of external partners and introduce news in online applications and client support.