A pensions fund crisis and a new role for Cardinal Farrell, the Pope’s ‘financial Mr Fix&it’

ROME – While Pope Francis has written once again to cardinals to warn them of financial difficulties at the Vatican, this time focusing on a “serious imbalance” in the pension fund, his own workforce is raising alarms about a different sort of shortfall – a “trust deficit” about the scope of the problem and how The post A pensions fund crisis and a new role for Cardinal Farrell, the Pope’s ‘financial Mr Fix-it’ appeared first on Catholic Herald.

Nov 26, 2024 - 16:00
A pensions fund crisis and a new role for Cardinal Farrell, the Pope’s ‘financial Mr Fix&it’
ROME – While Pope Francis has written once again to cardinals to warn them of financial difficulties at the Vatican, this time focusing on a “serious imbalance” in the pension fund, his own workforce is raising alarms about a different sort of shortfall – a “trust deficit” about the scope of the problem and how The post A pensions fund crisis and a new role for Cardinal Farrell, the Pope’s ‘financial Mr Fix-it’ appeared first on Catholic Herald.

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