LETTER: Learn from Poland pension fund fiasco
Lesson pertinent as government mulls forcing retirement funds to invest in allocated funds
26 November 2019 - 17:12
It is interesting to see what has transpired with pension funds in Poland (“Poland nudges workers to save for retirement”, November 25). The public had their pension funds raided by the previous Polish government, which almost destroyed the investment.
The new Polish government has its work cut out trying to get workers to save again for retirement. To come back from the disastrous behaviour of the previous government will take years...
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