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Many acquisitions of DC record-keeping businesses lose luster over time

Record keeping is a business that requires companies to continue investing in services and technology.

Companies that once swallowed up DC record keepers and other benefits businesses to diversify, expand and increase shareholder value are now regurgitating them to consolidate — again to increase shareholder value.

The latest example is Aon PLC, which announced Feb. 10 it was selling its reco

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