U.S. pension plans ‘at risk’ of collapse

Pension funds are scrambling to maintain funds for retirees as a record number of people retire with more than $1 million in assets.

The U.N. agency said on Friday that the United States had the third highest percentage of people who had assets under $1.2 million in the world.

“There is a clear risk of a global financial crisis in the United Kingdom, the United states, and other countries,” it said in a statement.

“Investors should be wary of the outlook for the United Nations Pension Fund and the world’s pension systems.”The U