Lege nr.411/2004 privind fondurile de pensii administrate privat, republicată

This Romanian law establishes the legal framework for the management and operation of private pension funds. It aims to provide citizens with additional retirement savings options beyond the state-run system, ensuring stability and regulation within the private pension sector. The law affects individuals looking to invest in private pensions and the financial institutions authorized to manage these funds. It sets the rules for how pension assets are handled, protected, and administered.