Fourth Quarter Volatility Wipes Out DB Plans’ Funding Status Gains
Pension plans’ funding rose a mere 70 basis points last year, according to Goldman Sachs Asset Management.
Tag: defined benefit (DB) plans
Pension Risk Transfers Help Largest DB Plans Reduce PBGC Premiums
J.P. Morgan’s “Corporate Pension Peer Analysis 2018,” says 2018 was the largest asset allocation de-risking year for defined benefit (DB)...
DB Plans See Funded Status Gains of Up to 2% in February
Firms that monitor defined benefit (DB) plan funded status attribute the increase to strong equity market performance.
IRS Reverses Course on Lump-Sum Payment Windows to Certain Retirees
The IRS had previously put a halt to the practice of defined benefit (DB) plan sponsors offering lump-sum windows to...
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Expanding the Credit Universe: Managing Credit Migration Risk for DB Plans
Pierre Couture and Brett Cornwell, with Voya Investment Management, discuss the increase in BBB bond issuance and how this affects...
PBGC Seeks Recovery of Investment Losses for Terminated Retirement Plan
The lawsuit claims owners of Freedom Communications made ill-advised, highly speculative investments which caused the pension plan to lose tens...
Americans Say Lawmakers Don’t Understand Difficulty in Preparing for Retirement
Eighty percent of Americans polled by the NIRS think the government should make it easier for employers to offer pensions,...
Pension Experts Urge LDI Considerations, Stress Tests in 2019
Pension plan sponsors can avoid giving back recent gains in funded status if and when another recession strikes by implementing...
LDI Strategies and Preparing DB Plans for Recessions
Speakers on a PGIM Fixed Income webcast offered practical steps pension plan sponsors can take today and over time to...
EBRI Reassesses Whether DC or DB Plans Are Better for Participants
A new EBRI research report compares the outcomes of participants in automatic enrollment 401(k) plans versus defined benefit (DB) plans;...
DB Plan Funded Status Rebounds in January
Stronger equity markets pushed pension funding up 2% to 3%, according to firms that monitor defined benefit plan funded status,...
Institutional Investors End 2018 Down More Than 4%
“Equity exposure weighed on plan performance in the fourth quarter,” says Jason Schwarz, president, Wilshire Analytics and Wilshire Funds Management.
Institutional Investors See Worst Calendar Year Performance Since Great Recession
“Fixed income was something of a safe harbor in the fourth quarter, and Corporate ERISA plans benefited from larger allocations...
PBGC Makes Pilot Mediation Program Permanent, Adds Fiduciary Disputes
The Pension Benefit Guaranty Corporation has added fiduciary breach cases to the categories of disputes covered by the mediation program.
Survey Suggests Pension Risk Transfer Activity Will Increase in 2019
Sixty-seven percent of defined benefit (DB) plan sponsors polled say they will conduct an annuity buyout to de-risk, and the...
Study Quantifies How Much DB Plans Benefit the Economy
According to a report from the National Institute of Retirement Security, “Retirees with DB pensions know they are receiving a...
2018 Pension Funded Status Gains Erased in December
Consultants say market losses for U.S. pension plans in December were the worst in a decade.
Fourth Quarter Returns Derail Better Year for Pension Funded Status
While the pension deficit for the Fortune 1000 plans Willis Towers Watson tracks is projected to be only slightly lower...
Mercer Encourages DB Sponsors to Act on Funded Status Improvements
Mercer recommends 10 areas of focus for defined benefit plans in 2019.
Do Cases Questioning Mortality Tables Used to Determine DB Plan Benefits Indicate a New Trend?
Cases have been filed against MetLife, Pepsi and American Airlines saying the use of outdated mortality tables in determining annuity...