8  BIS Review 148/2008  with the Treasury each year so that the risky pension fund returns are exchanged with a guaranteed rate of return.
We are equally aware that there are still barriers to financial access that hinder 17.4 percent of population from accessing the (formal or informal) financial system. Further, we very much recognize that financial access does not necessarily translate to better living standards—but a journey of a thousand miles starts with a single step. 5.