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$4 Trillion Lost Worldwide by Pension Funds in 2008Losses were highest in Ireland, the U.S. and the Netherlands, where exposures to equiti...
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Transport Workers Union Can Automatically Collect Dues AgainThe union’s president promises not to strike again. It struck in 2005, violating the Ta...
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October Sell-Off Hits Plan Funding RatioThe funding ratio of the typical public and private U.S. defined-benefit plan with a mo...
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Aetna Planning Job ReductionsThe economic downturn is to blame, the company’s CEO says. A spokesman doesn’t say when...
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More Layoffs Coming at Morgan Stanley, CFO SaysColm Kelleher says Morgan Stanley will reduce headcount in its asset management group b...
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Tension Levels Rise as Recruiters Deliver the Bad NewsWith unemployment rising, recruiters are increasingly caught between rejected job candi...
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Retire the 401(K) SystemAs troubled as the 401(k) system may be, retirement plan experts argued recently for re...
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Baucus Launches Debate on Health Care OverhaulThe influential senator launches talk on overhauling the U.S. health care system—keepin...