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Statement 1 is incorrect. Pension funds are not managed by the government alone. They are set up by employers and/or employees or by a combination of both, and managed by professionals who are responsible for investing the contributions made by employees in a range of assets. The government may regulate pension funds to ensure they are operating in accordance with certain rules and guidelines, but they are not exclusively available to government employees. Statement 2 is correct. Pension funds invest in a variety of assets, such as stocks, bonds, and real estate, in order to grow the funds and provide a return for retirees. The types of assets in which pension funds invest may vary depending on the investment strategy, risk tolerance, and investment goals of the fund.
How do you typically respond to failure or setbacks?
How important is it for you to have a sense of control?
How important is it to you to be acknowledged and complimented for your efforts?
How do you typically handle conflicts within your personal relationships?
How likely are you to forgive someone who has hurt you deeply, even if they do not apologize?
How important is it for you to have control over your environment?
How important is it for you to have a strong sense of identity or self-concept?
How often do you find yourself worrying about the future or things you cannot control?
Are you more of a logical or emotional person?
How do you deal with difficult people or situations?