Tokyo buildings Bleak as thenews may be from Japan, in the U.K. companies are taking advantageof lower costs to transfer risk from their old pension plans toinsurers. (Photo: Shutterstock)

Pension funds on the international front have snaredplenty of headlines, what with dismal news from Japan, actions toshed holdings by Denmark and risk by the U.K. and the embrace ofwind projects in Russia.

In Japan, Prime Minister Shinzo Abe narrowly survived a censuremotion after he refused to accept a report suggesting pensions areinadequate for most retirees. The measure, according to theJapan Times, “was intended to challengethe Abe government’s reluctance to address public concerns aboutthe sustainability of the public pension system.”

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.