Tag: Aon

Pensions March 13, 2023

Corporate Pension Funding Ratios See Slight Increase in February

Volatile equity market performance mostly offset the impact of lower liability values in February, resulting in a modest boost in corporate pension funded ratios.

Pensions February 14, 2023

Corporate Pension Funding Posts Small Gain in January

Lower effective yields on 10- and 30-year Treasury bonds, and on corporate credit, decreased the discount rate, offsetting strong equity gains.

Pensions January 9, 2023

Despite Steep Losses, Canadian DB Plans End Year Fully Funded

Surging bond yields offset double-digit investment losses to push funded levels above 100%.

Pensions December 20, 2022

Barclays’ UK Retirement Fund Closes $8.1 Billion Longevity Risk Deal

The pension fund aims to hedge against any unexpected rise in life expectancies.

Manager Selection December 6, 2022

PSERS Posts Ad for New CIO

The $75 billion pension fund is looking for its first permanent CIO since Jim Grossman resigned last year.

Newsmakers November 30, 2022

PSERS Exploring Legal Action Stemming from Reporting Error

The 2020 fund reporting error’s revision triggered the state’s shared-risk provision, which required school districts, as plan providers, and plan participants to pay more into the system.

Pensions November 14, 2022

U.S. Pension Funding Ratios Continue to Increase

Better equity performance and higher interest rates in October contribute to pensions nearing full funding.

October 27, 2022

Investment Consultants Reevaluate Priorities as Several Long-Tenured, Top Names Change Firms

COVID, growing shift to OCIO and other factors fueled ’Great Resignation.’

Pensions October 13, 2022

Funding Status of Pensions Increases Marginally Despite Equity Market Downturn

Concluding the September pension watch, two consultants monitored that funding ratios in U.S. plans had eclipsed over 100% funded.

Asset Allocation August 12, 2022

Higher Stocks Benefit US Corporate Plans in July

Despite lower discount rates, aggregate funding level for plans of S&P 1500 companies rose to 102%.

Pensions August 3, 2022

Justice Department Ends Investigation of Pennsylvania PSERS

A 2020 accounting error had prompted the investigation that lasted for more than a year.

Newsmakers May 16, 2022

PSERS Considers Suing Aon for Miscalculating Returns

The pension fund has hired law firm Blank Rome to look into potential litigation.

Newsmakers May 11, 2022

Despite April’s Poor Equity Returns, Rising Discount Rates Improved Funded Status for Most Pensions

Last month had one of the highest single-month discount rate increases for many data collectors.

Newsmakers March 17, 2022

U.S. Corporate Pension Funds Remain Steady in February

However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.

Regulation June 22, 2021

DOJ Lawsuit Could Hurt Aon-Willis Towers Watson’s Chances in Europe

Legal action could influence whether the European Commission approves the $30 billion acquisition.