Q&A: Why has Argentina defaulted and what does it mean for pension schemes?

Stephanie Baxter
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Argentina has defaulted on its debt for the second time in 13 years following a breakdown in talks with bondholders, which could impact pension schemes that invest in emerging market debt funds.

Not only will it increase pressure on the country's already struggling economy, but there is also the risk of contagion spreading to other markets. What has happened? At the heart of the crisis...

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