FREEDOM: Icelandic Pensions Can Begin to Invest Overseas Again
Posted on 01/14/2016
The Central Bank of Iceland relaxed the stringent capital controls that were in place for Icelandic pensions since 2008. These pensions can invest ISK 20 billion (€141 million) overseas over the first four months of 2016. The central bank announced the exemption would be allocated to pension schemes (second-pillar and third-pillar funds) based on their […]