THE PRIVATE PENSIONS DAY

With the official support and participation

Strategic Partner

Main Partners

Partener

International Media Partener

National Media Parteners

Topics:

• The lessons learned by the European private pensions markets from the financial crisis
• Private pensions on the edge - between investment risks and political risks
• The CEE private pensions markets - structural adjustments folowing a 15 years practice
  • Introduction of the multifund systems
  • Changing atitude towards the investments limitations
  • Guaranties and associated costs
• The Romanian private pensions market
  • IInd Pillar results, one year after the first contribution
  • What is good and what should be changed in Pillar II? Future expectations
  • Are there voluntary private pensions a true retail product?
  • Financial crisis - direct and side effects on pensions market

PROGRAM

In the Chair
Ioan VREME, CEO, GENERALI Fonduri de Pensii

9.30 - 10.00
Introductory remarks
Mihai SEITAN, Romanian Government, State Councilor
Ioan GIURESCU, Vice-President CSSPP

10.00 - 10.45
"Building funded pension systems"
Jaap MAASSEN, Vice Chairman EFRP

• Financial and economic crisis and the pension institutions
• Development of multi-pillar pension systems as a prerequisite to deliver sustainable pensions
• The role of the funded pensions organised through the workplace
• Pension systems - talking about the long term and need stability

Q&A Session

10.45 - 11.15 Coffee Break

11.15 - 13.00
"CEE pensions environment: lessons, perspectives, risks"
Daniela GHETU, Editorial Director, PRIMM Publications
Mihai BOBOCEA, General Secretary, APAPR

• Brief overview of the CEE pensions landscape
• Latest developments in the region - refining the pension systems arhitecture
• Private pensions on the edge - between investment risks and political risks

"The economic crisis and its impact on performance"
Dragos CABAT, CFA, MBA - Chairman, CFA Romania

PANEL OF DISCUSSIONS
Present conclusions, future expectations

Dragos CABAT, CFA, MBA - Chairman, CFA Romania
Dorin BOBOC, Investment Director, ALLIANZ-TIRIAC Pensii Private
Iulian TRIFU, BCR AFP, Investment Specialist,
Radu CRACIUN, Investment Director, EUREKO SAFPP

Q&A Session

13.00 - 14.00 Lunch

14.00 - 16.30
" Romanian Pension Reform - Refining the System"
Adrian ALLOT, Senior Consultant, MILLIMAN Consultants & Actuaries

• Celebrating the 2nd Pillar’s achievements - the establishment and relatively smooth functioning of the system
• Remaining unresolved issues of the Romanian 2nd Pillar - investment policy, annuitisation, long-term financial viability etc.

PANEL OF DISCUSSIONS

Romanian pensions market - the "to do" list of the following years

• What is good and what should be changed in Pillar II? Future expectations
• Financial crisis - direct and side effects on pensions market
• How high is the cost of absolute safety? The risk-return optimal balance in private pensions
• Communication and trasparency in private pensions - how much is enough, how much is too much?

Mihai SEITAN, Romanian Government, State Councilor
Ioan GIURESCU, Vice-President CSSPP
Cristian ROSU, General Director CSSPP
Ioan VREME, CEO, GENERALI Fonduri de Pensii
Mihai COCA-COZMA, CEO, AIG Fond de Pensii
Besim JAWAD, CEO, EUREKO SAFPP

"Attitudes toward private pensions in Romania"
Lacramioara VOINEA, Managing Director, MEDNET

PANEL OF DISCUSSIONS

Possible ways to boost 3rd Pillar's distribution -

• Are there voluntary private pensions a true retail product?
• Cross selling - an efficient solution to push forward 3rd Pillar's development

Lacramioara VOINEA, Managing Director, MEDNET
Romeo JANTEA, Asociat, GUILD Broker
Camelia COJOCARU, Director Vanzari, ALLIANZ-TIRIAC Pensii Private

Presentations:

- Daniela GHETU, Media XPRIMM & Mihai BOBOCEA, APAPR - Download 
- Jaap MAASSEN, EFRP - Download 
- Adrian ALLOTT, Milliman - Download 
- Dragos CABAT, CFA - Download