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PBGC Announces New Investment Policy in What Practitioner Calls a 'Dramatic' Shift (PDF)
Keightley & Ashner LLP in BNA's Pension & Benefits Daily
Feb. 27, 2008 "Notable is the allocation to private equity, a sector that has chosen to terminate defined benefit plans and pass liabilities to PBGC in the past when they have taken companies private, Dallas Salisbury said. 'This will lead PBGC to be invested more like a pension fund and less like an insurance company,' he said." MORE >> |
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