Politics of change
The nomination of Mitt Romney as the Republican candidate to the White House may bring a lot of attention to the US pension fund industry. If he wins the election on 6 November, he could introduce a partial privatisation of Social Security, the compulsory insurance programme funded through payroll taxes. The first president to talk about privatising it was also a Republican one, George W Bush, but his proposal went nowhere.
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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