Kazakhstan Pension Fund Head Discusses Potential for Doubled Pensions Through Investment Risk

The head of Kazakhstan's Unified Pension Savings Fund (ЕНПФ), Zhanat Kurmanov, stated that pensions could potentially double depending on investment portfolio choices. He noted that Kazakh citizens are currently passive in selecting investment portfolios. Kurmanov cited Hong Kong's experience, where similar issues of investor inertia exist despite multiple investment options being available.

Read the full article at Informburo →

Headline and summary written by daryo. The full report belongs to Informburo.