Describe the Players Chosen by a Plan Sponsor to Manage

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The Answer is A plan sponsor chooses one of the following to manage the defined-benefit pension assets under its control:(1) use in-house staff to manage all the pension assets itself, (2) distribute the pension assets to one or more money management firms to manage, or (3) combine alternatives (1) and (2). Public pension funds typically manage a good portion of their assets internally.

Describe the Players Chosen by a Plan Sponsor to Manage

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