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There is a strong commission in Latvia for the management of pensions of third level. The developed country of the OECD, which warns that the disproportionate "appetite" of private money managers already reduces already low savings for old age, reports to TV3 News
The Pension System 3 was created to create for retirement. It allows one or two additional pension plans, either individually or through an employer, to invest in one of the private pension funds at the first and second levels of the plan. retirement system.
A total of 18 plans are managed by the largest banks in Latvia.
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