3 ms·
pension funds are the largest owners of companies - generally owned by middle class
by antb123 11y ago
pension funds are the largest owners of companies - generally owned by middle class
- LesZedCB 11y agoPension funds (as far as I know, please correct me if I'm wrong) are financial instruments which are meant to be used for future consumption during retirement. They are not financial investments that are used to generate more capital. This makes them distinct from capitalist investments which are used for the purpose of increasing their capital wealth, most of which is unable to be consumed.