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HAGENA AUTHORISES FIRST VOLUNTARY PENSION FUND

ZAGREB, Oct 22 (Hina) - The agency for supervision of pension and insurance funds council (HAGENA) approved a request for the authorisation of a voluntary pension fund - the Raiffeisen pension society for the control of the voluntary pension fund, Hagena said Monday. At the same time, the council approved the request for the authorisation of a retirement society, Erste d.d. for managing the mandatory pension fond. According to Hagena, after the received authorisations, societies should report to the Zagreb Commercial Court. After their registration, both societies are obliged to submit to Hagena a request for the start of work. Moreover, at last week's session held on October 19, the council unanimously adopted a rule-book on voluntary pension programmes. (hina) np
ZAGREB, Oct 22 (Hina) - The agency for supervision of pension and insurance funds council (HAGENA) approved a request for the authorisation of a voluntary pension fund - the Raiffeisen pension society for the control of the voluntary pension fund, Hagena said Monday. At the same time, the council approved the request for the authorisation of a retirement society, Erste d.d. for managing the mandatory pension fond. According to Hagena, after the received authorisations, societies should report to the Zagreb Commercial Court. After their registration, both societies are obliged to submit to Hagena a request for the start of work. Moreover, at last week's session held on October 19, the council unanimously adopted a rule-book on voluntary pension programmes. (hina) np

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