25. January 2007 at 15:45

Cabinet wants to limit investment opportunities for pension funds

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PM Robert Fico announced the government's intention to prevent investments into venture capital by pension fund management companies.

According to Fico, this measure should protect the citizens' money collected by these funds.

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The prime minister also gave assurances that the government is not preparing any changes to the distribution ratio of payments to the first state-managed pension pillar and the second 'capitalization' pillar.

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