Republic of Poland: Financial Sector Assessment Program-Technical Note-Competition and Performance in the Polish Second Pillar

March 9, 2007

Preview Citation

Format: Chicago

Republic of Poland: Financial Sector Assessment Program-Technical Note-Competition and Performance in the Polish Second Pillar, (USA: International Monetary Fund, 2007) accessed November 23, 2024

Summary

This technical note for the Republic of Poland on competition and performance explains the Polish pension system and domestic capital market. Competition policies may need to be reviewed, in particular the combination of measures to maintain small pension funds operating while imposing strict caps on fees. If the government decides to continue pursuing policy of promoting competition in returns while reducing fees further, it may need to consider more structural changes in the second pillar, along the lines of the Swedish model.

Subject: Expenditure, Financial institutions, Insurance, Labor, Mutual funds, Pension spending, Pensions, Stocks

Keywords: Coverage ratio, CR, Equity portfolio, Europe, Government bond, Insurance, ISCR, Management fee, Mutual funds, Pension fund portfolio, Pension spending, Pensions, Private equity, Stocks, Variable annuity

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/104
Stock No:

1POLEA2007002
ISBN:

9781451832020
ISSN:

1934-7685

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