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Headline: Market Monitor Source: Euromoney magazine Date: January 2000 Edited: Peter Lee Pensions Retirement funds hit the limits Turn around and there’s another one. Pension guarantees have been springing up all over the place. Governments the world over want people to provide for their own retirement either through personal pensions or, more typically, through company schemes. Underfunding of company schemes is being discussed with greater urgency in Europe, where demographic trends portend worsening dependency ratios, and in many emerging markets. |
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