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Summary: Pension funds administrate tens of billions of CZK

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As at June 30, 2017, Penzijní Společnost České Pojišťovny administered savings in the amount of CZK 99.679bn compared to CZK 92.401bn as at June 30, 2016. Česká Spořitelna – Penzijní Společnost registers assets worth almost CZK 74bn, of which CZK 65.7bn in the transformed fund’s contributory pension scheme (CZK 3bn more year-on-year) and CZK 8.1bn (CZK 3.4bn more year-on-year) in supplementary pension insurance. Allianz Penzijní Společnost administers CZK 41.7bn (a 10.5% increase in assets), of which CZK 1.2bn (+90%) in supplementary pension insurance and CZK 40.5bn (+9%) in the contributory pension scheme. This information stems from a ČIANEWS survey.

Source: www.cianews.cz

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