Doubts raised about new Korean rules

No one can accuse the Korean authorities of sitting on their hands over the past year in their efforts to drive domestic investment and reinvigorate the struggling local stock market. With the benchmark Kospi index having sunk -4.4% in the past year and -10.8% over the past five years, numerous measures have been introduced, including tax incentives to encourage new pension savings and investment into foreign equity funds, greater risk allowance in existing retirement schemes and …