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New mortality tables released by the Society of Actuaries (SOA) in October are expected to increase the pension liabilities of U.S. businesses, giving companies an added incentive to unload some of those liabilities by offering lump sums to participants or buying a group annuity.Recommended Stories
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Banking on Disruption: How the Financial Sector Is Keeping Pace with Change
Faced with stringent regulations, new competitors, and emerging technologies permeating the marketplace, the financial sector is evolving at a fast and furious rate, with no letup in sight. In fact, change is the only constant in the days and years ahead for the financial services sector.
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