We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
SEARCH
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » April 10, 2018
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
PPK's managers with a lot of privileges
April 10, 2018   
Article's tools:
Print

Pawel Borys
Asset managers which will run employer-sponsored pension plans PPK may enjoy a 90% reduction of the fee paid to state development fund PFR to PLN 0.10 per account, PFR head Pawel Borys said at a Social Dialogue Council meeting.
Additionally companies managing open pension funds OFE will be allowed to offer PPK. PFR will focus on management and administration, leaving supervision over PPK to financial market watchdog KNF.
The Polish government may also lower PPK-related administrative costs and change its stance on automatic participation of employees in the program, according to participants in the meeting.
Launching PPK as of January 1 2019 looks dubious as it would require adopting the relevant bill no later than in June, employer lobby Pracodawcy RP Lukasz Kozlowski remarks.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE