ERGO pension system

NB!
The leading insurance company in the Baltics, ERGO and the largest Nordic financial group Nordea have agreed that the new fund manager of pension funds of ERGO Funds AS in Estonia will be Nordea Pensions Estonia AS. The transfer has been approved by the Estonian Financial Supervision Authority. The transaction will enter into force on September 1st, 2014, as of that date Nordea will take care of the pension assets of ERGO's customers.

You can find more info about the transition in the press release here.