Poland may allow pension funds to keep 95% assets in stocks

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POLAND - Poland may let pension funds invest as much as 95% of their assets in stocks to boost returns as the government seeks to reduce the portion of mandatory retirement savings overseen by private managers.

The proposed increase from the current limit of 40% will be submitted to the cabinet next week, Labor Minister Jolanta Fedak said at a news conference in Warsaw. The change is part of a broader ...

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