#pension
Israel: A Social Report – 2008/2009
The Adva Center annual report, Israel: A Social Report – 2008/2008 was published today. Most of its data refers to 2008, the last quarter of which marked a global financial and economic crisis. The report shows that 2008 was characterized by an increase in inequality in salaries, household income, and success rates in matriculation (bagrut) … Continue reading Israel: A Social Report – 2008/2009
The New Pension Funds: Increased Revenues from Fees and Bigger Profits – at the Expense of Members
Government regulators are currently considering the recommendations of the Hodek Commission calling for increased regulation of pension fund investments. While this is a needed step, the same regulators ignore the fact that the biggest loss suffered by members of the new pension funds occurs even before their money reaches the capital market – due to … Continue reading The New Pension Funds: Increased Revenues from Fees and Bigger Profits – at the Expense of Members