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$4 Trillion Lost Worldwide by Pension Funds in 2008

Losses 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 Again

The 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 Ratio

The funding ratio of the typical public and private U.S. defined-benefit plan with a mo...

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Aetna Planning Job Reductions

The 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 Says

Colm 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 News

With unemployment rising, recruiters are increasingly caught between rejected job candi...

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Retire the 401(K) System

As 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 Overhaul

The influential senator launches talk on overhauling the U.S. health care system—keepin...