PAM and State Social Insurance Agency Signed Agreement
OREANDA-NEWS. January 13, 2010. "Parex Asset Management" IPAS signed an agreement with the State social insurance agency: according to this agreement amendments were made in the prospectuses of “Parex Active pension plan” and “Parex Universal pension plan” of the state founded pension scheme, reported the press-centre of Parex.
According to the amendments:
The contact information of the Asset Manager and Custodian were updated;
The information about payments for investment plan management was changed;
The information about the Council and Board members of the Asset Manager and Custodian, also about certified auditor was changed;
Due to the changes in the legislation of State founded pensions, the changes were made in the investment policy of investment plan and investment restrictions;
The information about Asset Manager’s established investment funds was supplemented/ updated.
Amendments to the prospectuses “Parex Active pension plan” and “Parex Universal pension plan” of the state founded pension scheme regarding payments for management of the state founded pension scheme investment plans and changes in the investment policy of investment plans and investment restrictions is effective as of January 1st, 2010.
Prospectuses of the investment plans are available in the Internet (www.manapensija.lv) and on the web page of “Parex Asset Management" IPAS (www.parex.lv).
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