Funded Levels Rose for Canadian DB Plans in 2023, But Risks Remain
Interest rates and market volatility continue to pose a significant risk for many plans.
News
Thames Water Marked Down by More Than 60%
The U.K.’s Universities Superannuation Scheme downgraded the value of its holdings in the private utility, putting infrastructure investments under a spotlight.
Hedge Funds’ Popularity Flags Among Allocators, per Consulting Firm
Institutions will taper off their investments to hedge operators, says Agecroft Partners.
Pension Risk Transfer Growth Fuels UK Insurance Rating
Higher interest rates have boosted the funded statuses of U.K. pension schemes and given Fitch Ratings reason for optimism.
PBGC Requests Nominations for Open Advisory Council Position
The deadline for nominations is February 16.
Updated Form 5500 and Instructions Released
Defined benefit plans will see important changes to Schedule R and Schedule MEP.
Why Stocks Might Rise 10% in 2024, per CFRA’s Stovall
When the S&P 500 advances more than 20%, as it did in 2023, history says it will climb an average 10% in the next year, an investment sage finds.
SECURE 2.0 Cash Balance Reforms Codified by IRS
The changes should make it easier for defined benefit plans to pass IRS backloading tests.
Saudi Arabia’s Public Investment Fund Was Biggest Spender Among Peers in 2023
This sovereign wealth fund invested $31.6 billion last year, the highest of all SWFs, according to Global SWFs annual report.
What Will Challenge Investment Returns in 2024?
There are factors to watch that could derail or boost the markets this year.
KPPA Releases Fiscal Year 2023 Annual Report
The Kentucky Public Pensions Authority saw assets increased to $24.9 billion in the period ending June 30, 2023.
Norway’s KLP Pension Announces Divestments From Gulf Countries Over Human Rights
The exclusion was the fund's eighth such announcement this year.
Expectations Wobble for Another Decade of Strong Equities
It’s a ‘particularly perilous’ time to forecast ongoing stock outperformance, says a new report from AQR.