Are private pensions up for grabs?
As Ireland lurches from one crisis to another, extreme measures could be considered to patch up the problems of our financial institutions
The focus on the enormous holes in the balance she et s of our banks has distracted attention from some of the alternative solutions being adopted by other EU countries to help resolve their financial crises.
These solutions are of interest to investors in private pension funds, as the crisis measures have included seizing private pension assets to plug the gaping holes in both bank and government balance sheets.
Take Hungary, for example. In February,...
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