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Old 09-18-2007, 03:00 PM
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Post Report: Pensions down 75 percent in 10 years

A new report by consultancy Watson Wyatt (NYSE: WW) says that pensions payouts in the UK have fallen by more than 75 percent in the past ten years. While annuity rates have stopped falling and even rose a bit last year, the report says that low returns on investments and dropping annuity rates have [...]

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