Funds subscriptions increase by 7.2%

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ITALY - The overall subscription to Italian pension funds has increased by 7.2% over 2008, despite severe market turmoil, data by COVIP reveal.

The pension watchdog found the number of members of contractual pension funds grew by 3.3%, in line with its sustained growth of 68.5% since December 2006. Open pension funds saw the number of s...

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