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How meltdown in a $1 trillion market brought the UK to the brink of a financial crisis

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The content originally appeared on: CNN London CNN Business - Pension funds are designed to be dull. Their singular goal - earning enough money to make payouts to retirees - favors cool heads over brash risk takers. But as markets in the United Kingdom went haywire last week,hundreds ofBritish pension fund managers found themselves at the center of a crisis that forced the Bank of England to step in to restore stability and avert a broader financial meltdown. All it […]

Source: Trinidad News

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