A Break in the Clouds

A Break in the Clouds

Numerous developments kept planners on their toes

The year 2012 will be remembered as one during which the economy teetered between recovery and a second recessionary dip; there were continued reports of grossly underfunded defined benefit plans; we had to deal with the “fiscal cliff” (and what, if anything would be done about it—we don’t know the answer at the moment)

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