A two-fold glide path—targeting both funded status and funding volatility—can improve outcomes over classic LDI, UBS argues.
An academic study has found a correlation between competitive political campaigns and poorly funded defined benefit pensions.
A rare blip for the strategy that has outperformed for 10 years.
The £1.6 billion buy-in of the aviation pension is the second biggest deal of its kind in the UK.
Total buyouts could reach $500 billion by 2016 if interested plan sponsors annuitize just half of their liabilities, according to Mercer.
Relying on cash buckets or tactical selling won’t help pensions meet a rising level of payouts to pensioners, a report has warned.
Investors will be able to look offshore for opportunities for the first time this decade.
Coverage ratios tumble in the Netherlands, a nation once lauded for its well-funded pension system.
Three asset owners talk to CIO about protecting their portfolios from the actions of central banks.
The IMF has warned of the unknown consequences of pension-risk transfers and the linkages they spawn across financial system sectors.
Reinsurance Group of America has helped the French insurer and asset manager de-risk its UK pension.
Aspiration for a better mix in finance is improving, but
implementation is not, a think tank has found.
But many have claimed any spillover effect on global markets would be minimal.
It boils down to fixing corporate culture and managing behavioral risks, according to research.
The ex-bond king says it doesn’t make sense for PIMCO to use derivatives to manage liquidity and outflows from funds.