▶youtube BusinessFinance first seen 4 d ago, last 50 min ago, peak #5

Finance Ministry Bill Would Transfer Pensions Without Consent

Original: New Finance Ministry Bill: Pensions to be Transferred Without Consent

A draft bill from Russia's Finance Ministry would allow pension savings to be transferred between funds without the account holder's consent, according to commentary from financial blogger Maxim Blant and his channel 'Money on Freedom'. Critics warn the change could let people's retirement savings be moved to state-linked funds involuntarily, raising concerns over the security of private pension accumulations.

Why now: People fear the bill would strip pensioners of control over their own retirement savings.

Russian Finance MinistryMaxim BlantMoney on Freedom

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• New Finance Ministry Bill: Pensions to be Transferred Without Consent · Максим Блант и "Деньги на свободе" · 422.8K

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