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New ‘Superfunds’ Gear Up to Manage Britain’s Deficit-ridden Pensions

(Reuters) Britain’s company pension schemes, grappling with ageing former employees and low investment returns, may start to transfer their assets into new so-called superfunds in the coming weeks, according to people involved in the process.There are around 2 trillion pounds ($2.6 trillion) in more than 5,000 UK private defined benefit,

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