Conference Board survey says their confidence level is lousy. A portent for the future?
Record-low discount rates erase 2.85% asset gains for the month.
A surge in liabilities from low discount rates dropped aggregate ratios 1.3 percentage points to 79.9%, Wilshire says.
Large plans underperformed small plans, likely due to significant exposure to alternative investments.
Equities rally helps spur strong quarterly gains.
There has never been an African American chair of the SEC, CFTC, or FDIC.
EIOPA warns that persistent low rates pose a ‘systemic risk’ for insurers.
Index jumps 15.40% after plunging more than 20% during the first quarter.
Just half of American carriers consider global warming during their investment process, versus more than 70% of their European and Asian counterparts.
Funded levels could tumble if pensions don’t meet 7.6% investment return target, Pew says.
Researchers say pensions must invest in tax-transparent funds, insurance policies to be eligible for tax advantages.
Resurgent equities erase nearly 40% of US corporate pension funded status loss during first quarter.
A painful $16 trillion could vanish from the planet’s coffers, only the second down year this century, Boston Consulting’s study estimates.
The typically stable asset class has been hit as traffic levels have dropped 40% to 85% globally, S&P analysts say.
Despite whipsaw market volatility, financial professionals expect only modest declines in 2020.