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Developments in the US Pension Marketplace

World pension assets currently stand at 23 trillion US-dollar, and the US share of the global retirement asset pool amounts to about 60 percent of the total. But all is not well in the US pension marketplace. Just five years ago, US pensions held more than half the assets of the world's largest pension funds; now, US plan representation has slipped to 43 percent. And new troubles emerge daily in the retirement security arena. Several large companies have recently frozen their defined benefit …

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