Pole-axed Pensions – politicians raiding pensions again
10 September 2014 Financial crisis fallout once again hits pensions Polish Government confiscates private pension assets to improve public finances Politicians have found many ways to raid pension assets when times get tough I just thought I should put together a note following the sudden confiscation by the Polish government of all the bond holdings in Poland’s private sector pension funds last week. It seems to me that private pension savings are not safe in Europe and we need to…