Many countries mandate pension 401K type savings. Many countries do NOT allow one to allocate those savings, but the pension financial institution does that for them.
And guess where the pension institutions park their money?
And guess who is the sole owner of those assets, in case of a liquidty/solvency issue? Hint: it's not you the pension payment payer.
Many countries mandate pension 401K type savings. Many countries do NOT allow one to allocate those savings, but the pension financial institution does that for them.
And guess where the pension institutions park their money?
And guess who is the sole owner of those assets, in case of a liquidty/solvency issue? Hint: it's not you the pension payment payer.
You have no choice.
This is all by design.
This is the part that stings.
All of those toddlers these ducks are raping and killing, guess who funds that, EVERY PENNY?
"And here's why thats a good thing!"
The sad part is I would wager 50% of the users on this forum have investments in these entities (blackrock, state street, vanguard, etc)