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Heather Cooke and Hrvoje Lakota

The last decade has been unpleasant for DB pension plans, even before the 2008 market crash. The Great Recession further exacerbated these challenges as global equity markets tumbled and central banks around the world lowered interest rates to stimulate the global economy. This caused their liabilities to increase while their investments declined. To make matters […]

  • June 22, 2011 September 13, 2019
  • 13:54