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UPS Retirement Topics
Is Central States pension fund ready to go under?
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<blockquote data-quote="JonFrum" data-source="post: 231841"><p><strong>Re: UPDATE: 2nd quarter report now available</strong></p><p></p><p></p><p></p><p>Fiduciaries have a legal obligation to invest prudently. In the case of Central States, investment decisions are made by the two Investment Firms that were designated the "Named Fiduciaries" under the Court Decree. They don't take undue risk. Unfortunately, there is an element of risk in all investments, and sometimes you loose money. Fiduciaries invest conservatively, they don't gamble.</p></blockquote><p></p>
[QUOTE="JonFrum, post: 231841"] [b]Re: UPDATE: 2nd quarter report now available[/b] Fiduciaries have a legal obligation to invest prudently. In the case of Central States, investment decisions are made by the two Investment Firms that were designated the "Named Fiduciaries" under the Court Decree. They don't take undue risk. Unfortunately, there is an element of risk in all investments, and sometimes you loose money. Fiduciaries invest conservatively, they don't gamble. [/QUOTE]
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Is Central States pension fund ready to go under?
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