Kazakhstan allows transferring up to 100% of pension savings to private managers
Summary
Starting September 7, Kazakhstani depositors are permitted to entrust up to 100% of their pension assets to private investment portfolio managers.
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Kazakhstan has expanded options for contributors managing their retirement assets. Starting September 7, citizens are permitted to transfer up to 100% of their pension savings to private investment portfolio management companies.
Under the updated rules, contributors can independently decide which private investment manager will handle their retirement assets.
Source: Егемен Қазақстан
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