ECB and European central banks buy sovereign debt of at least five countries.

Cash-balance pension plans face much more complex interest rate risks than do defined-benefit plans. Plan sponsors need to understand the risks and respond with customized hedging programs.

Cash-balance pension plans face much more complex interest rate risks than do defined-benefit plans. Plan sponsors need to understand the risks and respond with customized hedging programs.

While some companies repatriated foreign earnings in 2014, manyincluding nation's biggest tech firmsincreased holdings abroad to avoid U.S. repatriation tax.