Competition and Performance in the Polish Second Pillar.

Competition and Performance in the Polish Second Pillar.

This paper provides an assessment of the Polish funded pension system and the quality of the regulatory framework for the accumulation phase. There are two elements that distinguish the Polish pension fund portfolios from other reforming countries: the relatively high component of domestic equity, a...

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Bibliographic Details
Main Author: Rudolph, Heinz
Other Authors: Rocha, Roberto
Format: eBook
Language:English
Published: Herndon : World Bank Publications, 2007.
Series:World Bank working paper ; no. 107.
Subjects:
Pension trusts > Poland.
Pensions > Poland.
Pension trusts
Pensions
Poland
Online Access:Click for online access
Description
Summary:This paper provides an assessment of the Polish funded pension system and the quality of the regulatory framework for the accumulation phase. There are two elements that distinguish the Polish pension fund portfolios from other reforming countries: the relatively high component of domestic equity, and the negligible component on international securities. Although this asset allocation has provided relatively high real rates of return in the past, it may not be the case in the future, as further portfolio diversification to other instruments will become necessary to ensure sustainable rates of.
Physical Description:1 online resource (64 pages)
Bibliography:Includes bibliographical references and index.
ISBN:9780821371206
0821371207
1280940301
9781280940309
9786610940301
6610940304
ISSN:1726-5878 ;
Language:English.
Source of Description, Etc. Note:Print version record.

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