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Analysis of the evolution of profitability of privately managed pension funds in Romania

Year: 2024

Type: conference-paper

Abstract: The topic of pensions in the contemporary world is becoming increasingly significant, given people's need to secure income in their advanced years. In Romania, the public pension system is proving insufficient, which has led to the emergence of private pension funds. Utilizing current legislation and annual reports from major private pension companies, we analyzed the evolution of profitability for privately managed pension funds. Ultimately, our study observed that profitability is linked to associated risks, and contributing to such funds can become a crucial aspect in securing one's future livelihood.

DOI: 10.53486/issc2024.53

Author: Andreea-Mihaela Pauliuc

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: gold

OpenAlex ID: W4410613729

FWCI:

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Related to: 10