Spectator on facebook

Spectator on facebook

Insurer Allianz-SP takes over pension manager PDS

INSURANCE company Allianz-Slovenská Poisťovňa bought 100 percent of the pension management company (DSS) Prvá Dôchodková Sporiteľňa (PDS), the SITA news agency wrote.

The agreement on the transaction was reached last week. The companies did not reveal any more details of the transaction.

PDS pension management company was established in June 2004 by Prvá Stavebná Sporiteľňa. As at December 2, 2005 it managed Sk307.1 million (€8 million) in its funds.

The pension management company Allianz-Slovenská Dôchodková Správcovská Spoločnosť (Allianz-Slovenská DSS) originated as an affiliation of Allianz-Slovenská Poisťovňa, which is the DSS' sole shareholder.

Allianz-Slovenská DSS managed Sk2 billion (€52 million) as at December 2, 2005, which represents 26.4 percent of the total volume of contributions managed by all pension management companies in Slovakia.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Tax evasion still causes problems

The state adopts several measures to curb room for tax evasion, but the effect of some is questioned.

Many firms find taxes too complicated to handle themselves.

Police recommend that Bašternák faces charges

The Special Prosecutor’s Office will decide on further moves after examining the investigation file.

One of the protests against the practices of Bašternák (L on the banner) and his connections with the Smer Interior Minister Robert Kaliňák (R).

Migration activist flees Germany, Swedish attack ascribed to migrants

These are the hoaxes that appeared on the internet in the past two weeks.

The wide-spread news on a German migrant activist fleeing to Poland is a hoax.

Plans to return elks to Slovak wilderness suspended Photo

Elks once populated Slovak forests in abundance. Now, there are hardly any left in Slovakia.

Elk Nik in the national agricultural centre Lužianky