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The Warsaw Voice » Business » March 6, 2018
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PPK profitable for employers?
March 6, 2018   
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Piotr Nowak
Poland's employer-sponsored pension plans PPK should prove profitable for their managers long-term, even if initial costs are high and exceed their fees, deputy Finance Minister Piotr Nowak told Dziennik Gazeta Prawna in an interview.
Willingness of current pension fund managers PTE to participate in the program shows that the product will be profitable for its managers, Nowak claims.
The Polish government may allow insurers to manage PPK only if they present a model that would protect pension savers against a bankruptcy of an insurer, Nowak said.
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