Finasta Asset Management Reports on Merger of Investment Plan
OREANDA-NEWS. October 12, 2011. Asset management company „Finasta Asset Management” informs that State Social Insurance Agency (hereinafter referred to as SSIA) has allowed to initiate on December 28, 2011 the merger of investment plan „Finasta universalais ieguldijumu plans” and investment plan „LKB Finasta pensiju plans „EKSTRA PLUS””.
All of the participants of the investment plan „Finasta universalais ieguldijumu plans” in October 2011 will be sent the notifications by SSIA On planned investment plan accession to another investment plan (hereinafter referred to as Notification), in which it will be announced that participants of the investment plan „Finasta universalais ieguldijumu plans” have the right to change asset manager and investment plan by submitting an application on selection/change of state funded pension capital assets manager and investment plan (hereinafter referred to as Application) to SSIA during a set period, that is identified in the Notification. If SSIA does not receive the Application, then respectively state funded pension scheme capital and further payments of the participants accumulated at „Finasta universalais ieguldijumu plans” will be managed according to the conditions of the investment plan „LKB Finasta pensiju plans „EKSTRA PLUS””.
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