Exclusive opinion of Kamil Stolarski about the proposal to reform the Polish Pension System

According to Stolarski, one of the consequences of this new proposition might be a lower number of domestic funds, which may negatively affect liquidity on the Warsaw Stock Exchange. Thus the Polish market may become a little less attractive for foreign investors and valuation of listed companies may decrease. As a consequence, brokers’ results might be weaker and negatively affected. "There are still a lot of open questions and queries for the future, including lack of information about a new type of pension funds (PPKs)" – added Stolarski.

Articles are available online here and here (Only available in Polish)