Latest news and analysis of pensions, asset management, regulation and trends in Central and Eastern Europe from our award-winning journalists.
Institutional investors have ‘good reason for concern’ as the geopolitical landscape is looking ‘less stable going into 2024’, says Natixis research
The index report also examined the potential of artificial intelligence to improve pension and social security systems
Marcin Żółtek (pictured), CEO of PZU TFI, one of Poland’s largest managers of DC pension savings, tells Jakub Janas and Carlo Svaluto Moreolo about the firm’s role in the Polish pension system
Poland’s PPK auto-enrolment system marks its fourth anniversary this month. It can hardly be described as a complete success given the participation rate is stuck at just over a third of the working population. Some initial projections foresaw a 70% takeup level. But with assets approaching €2.5bn and rapidly growing, there is a sense that this is a relatively good outcome for a country with no tradition of independent retirement saving and where the previous second pillar system was radically overhauled just a few years ago, leaving ordinary citizens confused and mistrustful.