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Pia?a pensiilor private e vaccinat? contra Crizei Financiare

Pia?a pensiilor private e vaccinat? contra Crizei Financiare

Activele fondurilor de pensii sunt separate de cele ale administratorilor, contribu?iile participan?ilor fiind puse la ad?post de orice dificult??i prin care pot trece administratorii fondurilor de pensii.

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Criza de pe pie?ele finan­ciare nu a marcat

fondurile de pensii private din Romania. Conform bilan?ului prezentat de

Comisia de Supraveghere a Sistemului de Pensii Private (CSSPP), evolu?ia

acestora in trimestrul III a fost con­stant?, f?r? evenimente ma­jore. Astfel,

la sfar?itul lunii sep­tembrie, in sistemul pensiilor private obligatorii erau

incasate contribu?ii pentru 3.779.084 de persoane. Cre?terea num?rului de

asigura?i pentru o pensie privat? obligatorie a fost spectaculoas?, cu aproape

600.000 de persoane in cinci luni, cat s-a scurs de la demararea acestui

sistem.

 

De asemenea, valoarea net? a activelor

celor 14 fonduri de pensii private obligatorii care func?ioneaz? pe pia?? a

crescut spectaculos, de aproape 6 ori in cinci luni, respectiv de la 86,5

milioane de lei la 498,3 milioane de lei (133 de milioane de euro). Interesant?

este ponderea mare pe care o au persoanele cu varst? peste 35 de ani in totalul

contribuabililor la fondurile private de pensii obligatorii – 35%. Deoarece in

cazul lor ade­rarea la un fond de pensii era op?ional?, num?rul mare de

persoane inscrise arat? gradul ridicat de incredere a popula?iei in acest

sistem de asigurare.

 

Dou? fonduri domin? 60% din pia??

 

Din punct de vedere al structurii

investi?iilor, se observ? o tendin?? a fondurilor de a plasa banii in principal

in obliga?iuni de stat ?i municipale. Astfel, in iunie 2008 structura

investi?iilor era urm?toarea: 43,1% - depozi­te bancare, 43,8% - obliga?iuni de

stat ?i municipale, 6,1% - ac­?iuni, 6,7% - alte valori mo­bi­liare sau

obliga?iuni corporative tranzac?ionate ?i 0,33% - titluri de participare OPCVM.

La finele lunii septembrie, structura investi?ional? inregistrase transform?ri

semnificative: doar 16,52% - depozite bancare, 63,05% - obliga?iuni de stat sau

muni­cipale, 3,42% - ac?iuni, 16,92% - alte valori mobiliare sau obliga?iuni

corporative tran­zac­?ionate ?i 0,0096% - titluri de participare OPCVM.

 

Bilan?ul arat?, spun speciali?tii CSSPP, c?

criza financiar? ameri­can? nu poate s? pun? in pericol pia?a pensiilor private

obligatorii din Romania. Asta deoarece ponderea cumulat? a instrumentelor

financiare cele mai expuse crizei financiare interna?ionale s-a redus in

favoarea instrumentelor mai sigure (la sfar?itul lunii septembrie titlurile de

stat ?i depozitele bancare cumulau 80% din structura investi?iilor). In plus,

un alt element de siguran?? pentru evitarea efectelor crizei financiare asupra

pie?ei pensiilor private obligatorii din Romania il constituie faptul c?, prin

lege, activele fondurilor de pensii sunt separate de cele ale

administratorilor, contribu?iile participan?ilor fiind astfel puse la ad?post

de orice dificult??i prin care pot trece, la un moment dat, administratorii

fondurilor de pensii sau ac?ionarii acestora.

 

In medie, la sfar?itul lunii decem­brie,

contribu?ia unui parti­­cipant a fost de 24,16 lei. Din punct de vedere al

num?­rului de participan?i, ING are cea mai mare cot? de pia??, respectiv

34,06%. Urmeaz? AZT Viitorul T?u – 25,63%, Aripi – 9,18%, Pensia Viva – 7,02%,

AIG – 6,43%, Interamerican – 6,1%, BCR – 3,11%, Vital – 2,96%, BRD – 2,41%,

Omniforte – 1,49%, BancPost – 0,58%, OTP – 0,48%, Prima pensie – 0,37%,  KD – 0,17%. 

Deocamdat?, gestionarea fondurilor de pensii din Romania nu le-a adus

administratorilor decat pierderi, atat anul trecut, cat ?i anul acesta. Pentru

cele 14 fonduri, totalul pierderilor administratorilor a fost de 59,18 milioane

de lei.

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Sursa: Business24
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