Finland to increase equities cap to 35%

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FINLAND - Finnish pension funds will be allowed to increase their equity holdings from the current limit of 25% to 35% over the next five years under a new buffer fund designed to equalise the investment risk resulting from fluctuations in share value.

In September 2004, the Finnish central labour market organisations requested the Permanent Negotiating Group of the Finnish social partners to clarify how the risk tolerance of earnings related pen...

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