Financial Supervision Commission imposed fines on the Executive Directors of the following pension insurance companies: Allianz Bulgaria, DSK – Rodina, and DZI – Pension Insurance. They were sanctioned for not presenting the companies’ management reports within the deadline given – March 31.
Source: Sega (21.06.2004)

The National Social Security Institute (NSSI) has transferred a little over BGN 327,377 million to private funds for supplementary pension insurance in Bulgaria, statistics toward July 16 shows. Of this amount, over BGN 165,684 million has been allocated to universal funds and BGN 161,693 million, to occupational pension funds. In the case of universal funds, the biggest cash transfer was made toward Doverie: BGN 72,396 million. Allianz Bulgaria takes second place with BGN 38,108 million, followed by Saglasie and ING with BGN 19,892 million and BGN 15,837 million respectively. Doverie was also the top cash receiver in the group of occupational funds: BGN 68,138 million. It is followed by Allianz Bulgaria with BGN 41,176 million and Saglasie with BGN 28,956 million.
Source: Pari (20.07.2004)

The accounts managed by the pension companies of ING Bulgaria generated the biggest returns in July, show data of the monthly change in the unit value of the accounts managed by the eight local pension companies. The unit value of ING pension accounts rose by 0.01162 levs in July. The second-best account gains were posted by CCB-Sila (+0.00804), followed by DSK Rodina (+0.00686) and Saglasie (+0.00661). DZI Pension Insurance AD reported the smallest unit value increase - 0.00253 levs. All data is circa July 30, 2004. The unit value of the accounts in all eight pension funds was 1 lev on July 1, the date on which a system for daily valuation of the assets and liabilities of the pension companies was introduced. Also from July 1, the pension companies are obliged to provide information on the value of the accounts in units and in the local currency. The change in the value of the account unit reflects the return that the respective company has managed to generate from the management of its assets. Information on the fluctuations in the unit value of their accounts will be available to the account holders on a daily basis.
Source: Dnevnik (03.08.2004)