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Capital guarantee pointless?
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Work on the usefulness of guarantees. Pension investments are compared with investments in pure Dow Jones and DAX indices over a period marked by economic crisis and a property bubble over the last ten years. Fear among investors has meant that this area has been booming for many years in advisory discussions, preventing customers from complaining afterwards because they are left with losses.
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Work on the usefulness of guarantees. Pension investments are compared with investments in pure Dow Jones and DAX indices over a period marked by economic crisis and a property bubble over the last ten years. Fear among investors has meant that this area has been booming for many years in advisory discussions, preventing customers from complaining afterwards because they are left with losses.
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