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PF market development uncertain; 2013 will decide
At the beginning of 2012, the situation on the pension fund market is characterised by an increased movement of active participants between individual funds and a higher number of new contracts. According to Association of Pension Funds of the Czech Republic president Jiří Rusnok, this is associated with the legislative change that permits a change of one's current fund only by February 28 and to the increased activity of financial advisors.

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