Pension liabilities weigh on corporate finances

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GLOBAL - Pension liabilities account for more than 30% of the market capitalisation of a typical Germany company and about 20% for typical UK and Japanese companies, according to new research by Watson Wyatt.

Watson Wyatt’s Global Investment Review found that pension liabilities in a typical Swiss or US company represent about 15% of market capitalisation, while in Canada, the figure is around 10%. R...

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