(Boursier.com) — CNP Assurances launches CNP Retraite, its supplementary occupational pension fund. CNP Assurances has obtained approval from the ACPR to create its FRPS (Supplementary Occupational Retirement Fund): CNP Retraite, and transfer its eligible portfolio to it. This new subsidiary will support the Group’s ambitions in the supplementary retirement market boosted by the PACTE law.
The creation of CNP Retraite is accompanied by a regulatory transfer of pension commitments carried on the balance sheet of CNP Assurances for a total of €27.8 billion in net book value as of January 1, 2022.
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