NAPF Investment Conference: Public pensions have bigger deficit than Greece

Stephanie Baxter
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Lack of proper accounting across European public sector pension schemes is hiding the true extent of their liabilities, according to International Accounting Standards Board (IASB) chairman Hans Hoogervorst.

Speaking at a National Association of Pension Funds (NAPF) conference on Thursday, Hoogervorst made a said the pension liabilities of many countries are larger than the Greek government's debt. ...

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