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S&P 500 Index companies contributed an average $1.5 million to their CEOs pensions, compared to an average of about $550,000 in 2013.
Pensions are helping to fuel a jump in average chief executive officer pay -- and the reason is largely out of companies control.
The client redemptions that plagued Bill Gross at his old job have followed him to his new one as well.
Macquarie will provide funding while Des Moines, Iowa-based Principals real estate arm will underwrite, close and service the loans