Description: Article describing some of the significant changes occurring in Poland after the fall of the Berlin Wall with a focus on life insurance and conversion to a private pension market.

Description: In the United States today, there is much talk about the effect of the “baby boomer” generation ranging from the effect on our Social Security system, the increased market for healthcare products, as well as the effect that their withdrawals will have on the stock market. Yet overseas, there is a revolutionary change taking place that is much more fundamental than simply an aging population. As this article is being published, there are numerous countries that are seeing the first generation of their population retire with an explicitly described and funded social security benefit for each of those individuals.