The presentation at the Voko Hotel was organized for representatives of the Maritime Areas and seafarers.
Helmut Freundlieb and Oleg Filipovic, the owners of the fund, as well as Ljiljana Nikolic, the executive director, and Tamara Durutovic, a lawyer, spoke at the first presentation of the owners of the “My Pension” Fund.
– I currently live in Switzerland. I have been to Montenegro with my family a couple of times and I really liked this country. After the analysis of the market done by our analysts, I decided to invest, but not in the construction business, but in the financial market in the form of a pension fund, said Helmut Freundlieb, the founder of the “My Pension” fund.
He added that the advantages of a private pension fund are that it is much more efficient and that there is a possibility for its members to invest money in the fund and trade with it.
– They can buy cars or apartments. We plan to cooperate with larger companies in Montenegro and to offer employees the opportunity for financial independence and security in old age. We will make a good offer to everyone in order to invest in this fund, Freundlieb explained.
According to him, Montenegro is interesting for investment, because it is about to join the European Union.
– I am happy that we will be able to introduce certain European standards in this area and help the state of Montenegro. The EU needs a state like Montenegro, especially from the aspect of the mentality of its inhabitants and natural beauties, Freundlieb noted.
Ljiljana Nikolic, executive director, explained the motives for organizing the maritime pension fund.
– I want to hear the advice of seafarers’ representatives and whether the fund is good for all of us and how it can be even better. The pension fund in Montenegro is the first one to follow European trends, she emphasized.
Oleg Filipovic, one of the owners, said that he is the author of the analysis of the market in Montenegro, on the basis of which they decided to invest in Montenegro.
– Our analysis showed that Montenegro is an empty and unexplored market, where people experience money differently, especially people who work in state-owned companies. Simple mathematics in relation to the average salary shows how much money goes into the state pension fund of Montenegro, but that after retirement little of that money is returned. If the average life expectancy is up to 85, then not even 25 percent of the money invested will be withdrawn from the state fund. Where the rest of the money is invested. Has anyone ever sent you a letter about what’s going on with your money? Based on my own and other people’s experiences, we decided to change something. Our market and inputs are exceptional, we are satisfied with the response of people, companies and the signed letter of obligation number. We already know how many clients we will work with. The starting point is transparency. You will have a daily insight into your money, where it is placed and what is done with it. You can decide in advance what will happen to your pension and who will stay. A contract has been signed with the largest clinic in Europe in Istanbul, where it will be possible to perform a complete examination in four days. It’s a bonus, it’s not for sale. You cannot provide such an examination on your own for less than 2,000 euros. If the seafarers unite as a body, they will have an independent account, a broker, the possibility of withdrawing money and transparency, Filipovic explained.
Tamara Durutovic, a lawyer, spoke about the two parts of the registration. As a joint stock company that manages the fund, and this procedure can take a month or two.
– We addressed the commission for the capital market, a larger number of licenses was obtained for the issue of shares. We will also get licenses for the people who will be employed in that fund. In two months at the latest, everything would be formalized and the fund could start working, she announced.
The offers of the fund for seafarers were also presented. The beneficiary of the fund can be a seafarer and his investments can range from 200 to 1000 euros per month.
For the amount of 200 euros per month, a contract is signed for a minimum of 10 years, and if he is a citizen of Montenegro, he cannot withdraw all the money at his personal request – in this case 24,000 euros, but in several installments. In addition, he got the opportunity to stay in Turkey for four days a year (three nights) at the Aci Badem clinic once a year, and during that time he has paid examinations and a PET scanner in one day, and another day a conversation with a doctor, translator and escort. The rest of the time the user can spend to his liking. In case of treatment, money from the fund can also be used. The costs of departure and return from Turkey are paid by the user.
For a monthly amount of 300 euros, the user received the same as for 200 euros, as well as the possibility of educating children, by paying a maximum of 30 percent of the tuition fee. And not at prestigious world faculties, but at local and middle-ranking faculties.
For 500 euros a month, the user gets everything for 200 and 300 euros, as well as the possibility of buying an apartment or a car.
For 800 euros, the user received all of the above from the previous packages with the possibility of employment and adequate education of children in world companies, as well as education at prestigious and luxury universities.
The investment of 1000 euros per month is a luxury package that, in addition to all the above, enables treatment in three luxury hospitals in the world, for example in the University Hospital in Cleveland, for four days with its transportation, and if it is necessary to continue treatment, the fund pays 100 percent.
Jovana Nikcevic from the Faculty of Maritime Studies greeted those present and asked what are the legal regulations under which the fund operates and whether the Montenegrin legal regulations on funds are respected, because in 2006 the law on voluntary funds was passed?
Tamara Durutović answered that the state services are completely familiar with the business of this fund.
Jovana Nikčević emphasized that seafarers are a specific category of employees. Seafarers are subject to special conventions and states that have ratified the convention have an obligation to provide seafarers with social protection. Does the fund have ties to the state and is there a possibility of establishing a link with it, she asked?
Oleg Fiipović answered that this fund is not an investment fund, so by law there are very restrictive and clear conditions on how to invest money. The founding capital is twice as big as the investment capital, which is 150 thousand.
Questions were also asked whether the fund is valid only for the citizenship of Montenegro, why it is at least 200 euros and what happens when the contract is terminated 10 years ago. Do the allocations apply to only one member or all of them?
The answer is that there is no territorial principle for the users … It is very difficult to fulfill something for 100 euros a month. An agreement is reached for the termination of the contract, so you can withdraw the funds you invested, so the principal is paid, but the profit is lost only in the last year. The beneficiary decides which child to fund. There is also the possibility of selling money from the fund on the free market.
Oleg Filipović added that the fund also wants to go public. And the strongest one, the one in Frankfurt. It would take the fund three to four years to do so.
The presentation at the Voko Hotel was organized for representatives of the Maritime Areas and seafarers.
Helmut Freundlieb and Oleg Filipovic, the owners of the fund, as well as Ljiljana Nikolic, the executive director, and Tamara Durutovic, a lawyer, spoke at the first presentation of the owners of the “My Pension” Fund.
– I currently live in Switzerland. I have been to Montenegro with my family a couple of times and I really liked this country. After the analysis of the market done by our analysts, I decided to invest, but not in the construction business, but in the financial market in the form of a pension fund, said Helmut Freundlieb, the founder of the “My Pension” fund.
He added that the advantages of a private pension fund are that it is much more efficient and that there is a possibility for its members to invest money in the fund and trade with it.
– They can buy cars or apartments. We plan to cooperate with larger companies in Montenegro and to offer employees the opportunity for financial independence and security in old age. We will make a good offer to everyone in order to invest in this fund, Freundlieb explained.
According to him, Montenegro is interesting for investment, because it is about to join the European Union.
– I am happy that we will be able to introduce certain European standards in this area and help the state of Montenegro. The EU needs a state like Montenegro, especially from the aspect of the mentality of its inhabitants and natural beauties, Freundlieb noted.
Ljiljana Nikolic, executive director, explained the motives for organizing the maritime pension fund.
– I want to hear the advice of seafarers’ representatives and whether the fund is good for all of us and how it can be even better. The pension fund in Montenegro is the first one to follow European trends, she emphasized.
Oleg Filipovic, one of the owners, said that he is the author of the analysis of the market in Montenegro, on the basis of which they decided to invest in Montenegro.
– Our analysis showed that Montenegro is an empty and unexplored market, where people experience money differently, especially people who work in state-owned companies. Simple mathematics in relation to the average salary shows how much money goes into the state pension fund of Montenegro, but that after retirement little of that money is returned. If the average life expectancy is up to 85, then not even 25 percent of the money invested will be withdrawn from the state fund. Where the rest of the money is invested. Has anyone ever sent you a letter about what’s going on with your money? Based on my own and other people’s experiences, we decided to change something. Our market and inputs are exceptional, we are satisfied with the response of people, companies and the signed letter of obligation number. We already know how many clients we will work with. The starting point is transparency. You will have a daily insight into your money, where it is placed and what is done with it. You can decide in advance what will happen to your pension and who will stay. A contract has been signed with the largest clinic in Europe in Istanbul, where it will be possible to perform a complete examination in four days. It’s a bonus, it’s not for sale. You cannot provide such an examination on your own for less than 2,000 euros. If the seafarers unite as a body, they will have an independent account, a broker, the possibility of withdrawing money and transparency, Filipovic explained.
Tamara Durutovic, a lawyer, spoke about the two parts of the registration. As a joint stock company that manages the fund, and this procedure can take a month or two.
– We addressed the commission for the capital market, a larger number of licenses was obtained for the issue of shares. We will also get licenses for the people who will be employed in that fund. In two months at the latest, everything would be formalized and the fund could start working, she announced.
The offers of the fund for seafarers were also presented. The beneficiary of the fund can be a seafarer and his investments can range from 200 to 1000 euros per month.
For the amount of 200 euros per month, a contract is signed for a minimum of 10 years, and if he is a citizen of Montenegro, he cannot withdraw all the money at his personal request – in this case 24,000 euros, but in several installments. In addition, he got the opportunity to stay in Turkey for four days a year (three nights) at the Aci Badem clinic once a year, and during that time he has paid examinations and a PET scanner in one day, and another day a conversation with a doctor, translator and escort. The rest of the time the user can spend to his liking. In case of treatment, money from the fund can also be used. The costs of departure and return from Turkey are paid by the user.
For a monthly amount of 300 euros, the user received the same as for 200 euros, as well as the possibility of educating children, by paying a maximum of 30 percent of the tuition fee. And not at prestigious world faculties, but at local and middle-ranking faculties.
For 500 euros a month, the user gets everything for 200 and 300 euros, as well as the possibility of buying an apartment or a car.
For 800 euros, the user received all of the above from the previous packages with the possibility of employment and adequate education of children in world companies, as well as education at prestigious and luxury universities.
The investment of 1000 euros per month is a luxury package that, in addition to all the above, enables treatment in three luxury hospitals in the world, for example in the University Hospital in Cleveland, for four days with its transportation, and if it is necessary to continue treatment, the fund pays 100 percent.
Jovana Nikcevic from the Faculty of Maritime Studies greeted those present and asked what are the legal regulations under which the fund operates and whether the Montenegrin legal regulations on funds are respected, because in 2006 the law on voluntary funds was passed?
Tamara Durutović answered that the state services are completely familiar with the business of this fund.
Jovana Nikčević emphasized that seafarers are a specific category of employees. Seafarers are subject to special conventions and states that have ratified the convention have an obligation to provide seafarers with social protection. Does the fund have ties to the state and is there a possibility of establishing a link with it, she asked?
Oleg Fiipović answered that this fund is not an investment fund, so by law there are very restrictive and clear conditions on how to invest money. The founding capital is twice as big as the investment capital, which is 150 thousand.
Questions were also asked whether the fund is valid only for the citizenship of Montenegro, why it is at least 200 euros and what happens when the contract is terminated 10 years ago. Do the allocations apply to only one member or all of them?
The answer is that there is no territorial principle for the users … It is very difficult to fulfill something for 100 euros a month. An agreement is reached for the termination of the contract, so you can withdraw the funds you invested, so the principal is paid, but the profit is lost only in the last year. The beneficiary decides which child to fund. There is also the possibility of selling money from the fund on the free market.
Oleg Filipović added that the fund also wants to go public. And the strongest one, the one in Frankfurt. It would take the fund three to four years to do so.
VIDEO
VIDEO
GALLERY
GALLERY
OUR TEAM
Helmut Freundlieb
Oleg Filipović
Ljiljana Nikolić
OUR TEAM
Helmut Freundlieb
Oleg Filipović