I took a close look at Zurich’s pension funds in The Currency yesterday. I chose Zurich because its funds tend to perform better than the rest of the Irish industry. I wanted to see how the Irish industry performed by looking at its best-in-class. You might think assessing the performance of Ireland’s second-biggest pension provider would be straightforward. But as with everything to do with pensions, it’s opaque and confusing. The pensions industry likes it that way. The less engaged people are, the easier it is for the industry to pick their pockets. By making pensions hard to understand, the industry taps…
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