Corporate Pensions Were Best-Performing DB Plans in Q1
Fixed-income-heavy portfolios protected against market volatility, while defined benefit plans returned 0.52% overall.
Pensions
Rising Discount Rates Drove Down Pension Liabilities in April
Corporate pension funding levels rebounded in April despite equity market volatility.
Proposals Offer New Ways to Use Retirement Surpluses to Boost Benefits, Raise Revenue
American Benefits Council has pitched plans to redirect surplus funds from pension funds without terminating retirement plans.
British DC Pension Schemes Pledge 10% Alts Allocation by 2030
The U.K. Treasury’s Mansion House Accord aims to unlock more than $70 billion in domestic investments.
Australia’s Future Fund Makes Leadership Appointments
Nancy Collins is joining as the fund’s new chief financial and chief risk officer.
Brown University Endowment Adds $5M in Bitcoin ETFs
The endowment purchased 105,000 shares of BlackRock’s iShares Bitcoin Trust exchange-traded fund.
Largest 100 Corporate Pension Plans See Strong Increases in Funding Surplus
More than half are in surplus, with 12 plans reporting a funding ratio greater than 125%, according to Milliman’s 2025 corporate pension funding study.
Public Equities Buoy CAAT Pension Plan’s 15% Return in 2024
The C$23.3 billion pension fund’s active management has outperformed its benchmark by 1.5% annually.
CalSTRS Invests in ABS Global Investments’ Emerging Markets Platform
The $3.7 billion strategy works with local specialists to target stocks in emerging market countries and regions.
Ohio STRS’ 1.5% COLA ‘Doesn’t Go Far Enough,’ Says Retirement Group
State law requires a 2% COLA unless it would impair the fiscal integrity of the retirement system.
Maryland Pension, Barings Form Partnership for Infrastructure, Emerging Managers
The Maryland State Retirement and Pension System will join forces with the asset manager to launch a $250 million real assets program.
How Companies With Frozen, Overfunded Pensions Approach the Future
Corporations are increasingly evaluating de-risking options for their pension funds, while also adding risk to their portfolios.
As Many DB Plans Reach a Surplus, Plan Sponsors Have Options
Delta Air Lines CIO Jonathan Glidden offers a peek into the internal debates.
Market Volatility, Litigation Slow PRT Deal Flow
Solutions could include consideration of plan design and lifetime income options for plan sponsors and participants.
PRT Costs Rise in March, while Volumes Fall
Amid up-and-down markets, the estimated cost to transfer plan liabilities to insurers rose to 102.5% of accumulated benefits obligations.