Bipartisan House Bill Would Allow Annuities as 401(k) Default Options
Separate bicameral proposed legislation aims to boost auto-enrollment retirement plan participation.
Newsmakers
Market Edges Up in Reaction to Powell’s More Aggressive Stance
Fed chief says he’s looking at a half-point boost soon and indicates a quicker tightening tempo.
CalPERS Selects Wilshire Advisors as Consultant for Private Debt Allocation
Wilshire’s services were almost half the cost compared to those of Meketa.
401(k) Balances Rise to Record in 2021
The average plan’s value rose 8% during the year to $130,700.
U.S. Corporate Pension Funds Remain Steady in February
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.
CAIA, SBAI Form Global Alts Partnership
Collaboration between the U.S., U.K. groups will focus on improving standards and professionalism in the alts industry.
Canada’s CDPQ Returns 13.5% in 2021
Canada’s second-largest pension fund’s asset value has grown by C$149.1 billion over the past five years.
Global Pension Asset Values Grow to Record $56 Trillion in 2021
A study finds the U.S. accounts for more than $35 trillion of the total asset value for pensions worldwide.
Ontario Teachers’ Pension Takes a Bet on UK Fintech Company Lendable
The pension fund led a $277 million fundraising round for the late-stage venture company.
Biden Plan to Bar Russian Oil Imports Helps Boost Prices
Crude jumps 7% today, adding to inflation misery.
CPPIB Targets Net-Zero by 2050
The $433.6 billion pension giant plans to nearly double its green and transition investments to over $100 billion by 2030.
Understanding PRT: Key Steps Leading to Successful PRT
As firms move on from the first step of cleaning up their data, they must next think about the financial and accounting implications that come with pension risk transfer.
A Look at PRT Solutions and Costs
There are cost and other considerations for each solution on the spectrum of pension risk transfer options.
Understanding PRT: Administrative and Fiduciary Considerations
Proper due diligence and administration are vital to guarantee that the transaction does not create additional risk for plan sponsors.
Retiring Your Pension Plan: How to Handle Different Choices
Asset allocations, glidepaths, LDI, and pension risk transfers are weighed at our panel.