Investing | January 13th, 2023 Corporate Pension Funding Marginally Retreated From Levels To End 2022 December equity performance reduced pension funding levels from highs earlier in the year.
Compliance | January 13th, 2023 Ibuprofen Stock Surges as Plan Sponsors Read New DB Plan Rules in SECURE SECURE 2.0 makes several regulatory and disclosure changes for DB plans.
Administration | January 10th, 2023 USI Offers Employers Strategies for Addressing Impact of Rising Health-Care Costs The USI Insurance Services 2023 Employee Benefits Market Outlook Report outlined employer strategies to reduce the impact of rising health-care...
Deals and People | January 10th, 2023 MassMutual Promotes New CIO for General Investment Account Eric Partlan, MassMutual’s head of portfolio management, will replace retiring CIO Tim Corbett.
Data and Research | December 23rd, 2022 CDC Data Shows Increased Deaths and Lower Life Expectancy in 2021 However, the separate actuarial tables used for retirement planning and services may not follow the trend.
Compliance | December 15th, 2022 Two More Struggling Union Plans Receive PBGC Assistance The plans combine to cover more than 10,000 participants, and their aggregate PBGC assistance adds up to more than $700...
Data and Research | December 14th, 2022 Corporate Pension Plan Funding Remains Up in 2022, Despite November Drop The funding status of corporate pensions in the U.S. was down narrowly in November, as liability growth outweighed investment gains.
Data and Research | December 13th, 2022 EBSA Collects $1.4 Billion, Largely from Enforcement, in 2022 More than $500 million of the recoveries returned to defined benefit plan participants.
Products | December 9th, 2022 New Plan-Design Summary Tool For Retirement Plan Sponsors, Service Providers The tool was launched to streamline retirement plan onboarding and to save users time in the process.
Administration | December 2nd, 2022 Florida CFO Divests $2 Billion of State Assets in ESG Dispute With BlackRock The Florida CFO follows several states that have also removed funds from management by BlackRock because they argue environmental, social...
Data and Research | December 1st, 2022 Growth Continued in 2021 For the Largest Investors, Assets Near $26 Trillion Pension funds make up the majority of the world’s 100 largest investors, which all grew 9% in 2021, a WTW...
Administration | December 1st, 2022 Legal & General Completes PRT Deal with Rolls-Royce North America Legal & General completed the pension risk transfer for $145 million.
Data and Research | November 30th, 2022 Institutional Investors Incorporate ESG Factors at Slower Rates Institutional investors are incorporating environmental, social and governance factors into investment decision-making this year at the lowest rate since 2017,...
Data and Research | November 9th, 2022 Rising Interest Rates Top Institutional Investor Concerns Economic recession and geopolitical tension ranked as more impactful on next 6 months than pandemic, ESG.
Investing | November 3rd, 2022 How Private Real Estate Investment Might Help DC Participants Hedge Inflation Investment in the asset class is up 7.4% this year, an index shows, but few DC plan sponsors are offering...
Compliance | October 14th, 2022 PBGC Proposes Rule for Multiemployer Pension Withdrawals The Pension Benefit Guaranty Corporation proposal clarifies assumptions for determining an employer’s withdrawal liability.
Benefits | October 12th, 2022 Aon PEP Passes Assets Milestone Aon has accumulated $1billion in plan assets and commitments since it launched the pooled employer plan.
Data and Research | October 12th, 2022 Funding Status of Pensions Increases Marginally Despite Equity Market Downturn Corporate pension funding ratio improves to best rate of the year in September despite 2022’s worst month of market losses
Compliance | September 26th, 2022 Plan Sponsors Consider PBGC Premium Strategies As plan sponsors near the deadline for changing how they calculate PBGC premiums, some are considering a change in light...
Deals and People | September 14th, 2022 IBM Completes $16 Billion Pension Risk Transfer Responsibility for 100,000 beneficiaries moving to Prudential, MetLife