Proposed changes to pension fund accounting in the US are likely to prompt a shift of investment away from equities and into bonds while speeding the demise of defined-benefit plans, according to investment experts.
US
By Deborah Brewster in New York
Published: November 20 2005 21:28 | Last updated: November 20 2005 21:41
Proposed changes to pension fund accounting in the US are likely to prompt a shift of investment away from equities and into bonds while speeding the demise of defined-benefit plans, according to investment experts.
