This morning's Financial Times brings bleak news for Anglican Clergy. It seems that whilst senior figures are prepared to speak out against the evils of capititalism, its own pension fund has been playing fast and lose on the stock markets!
'Young Anglican vicars are facing the prospect of a bleaker retirement after the Church of England's pension scheme succumbed to the "cult of equity" and sank 100 per cent of its investments into stocks towards the end of the 1990s bull market.'
Tuesday, 3 November 2009
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