ON RTTV the other day.
Ever wondered why your pension never performed as good as was
promised?
Max Keiser (ex-financial wheeler-dealer) on RT expalined why.
Apparently when these guys make a deal that goes sour it is common
practice to transfer it to the pension fund (which is why they are
running it, not for your benifit)
Not THEIR pension fund, YOURS I repeat.
The deals that turn out well are transferred to an organisation where
they will geta bonus/kickback.
He freely admits to doing this himself before he became aTV journalist.