US, UK Corporate Pension Deficits Diverge
Liabilities of corporate defined benefit plans of S&P 1500 firms rise, as those of FTSE350 fall.
Liabilities of corporate defined benefit plans of S&P 1500 firms rise, as those of FTSE350 fall.
Report estimates top 50 defined benefit plans at 86% funded level.
Report also shows that the majority of employers are upholding auto-enrollment duties.
However, figure ‘masks the materially worse funding position likely to be reported.’
Surveyed investors prefer advice from human interaction versus AI, whereas tech is preferred as strategy tool.
The largest increase in pension take-up was seen among Millennials.
Total amount paid remains the same as the number of retirees rises.
Report says Detroit’s contribution policies will suffice if investment returns meet assumptions.
Global economy expected to grow 3.9% each of the next two years.
Deficits rise over the month, but are down sharply from a year ago.
High-yield managers continue 10-year index struggle.
Report says actuaries shouldn’t reverse mortality expectations despite recent data.
Report says asset class is ‘experiencing a renaissance’ among institutional investors.
The so-called $20 billion club’s pension funded status rises to 84.4%.
State pension liabilities claim £4 trillion.