NN PS manages client funds totalling CZK 40.8bn

Published: 20.08.2019 Related countries:  South Africa South Africa

NN PS manages client funds totalling CZK 40.8bn

Pension company NN penzijní společnost (PS) registered as of the end of

H1 2019 a 6.7% year-on-year increase in the volume of clients' funds

deposited in funds to CZK 40.8bn. The number of clients reached 325 253,

of which 289,562 were in supplementary pension insurance (PP) and 35,691

in supplementary pension savings (DPS) policies. This was stated for

ČIANEWS by the manager of investment and pension products Milan

Tomášek, saying that the number of clients in PPs has been slightly

decreasing, whereas in DPS their number has increased by more than 16%

since the beginning of 2019, and it was up 35% year-on-year.