However, insurance companies likely won’t be able to accommodate the increased demand.
Tag: Corporate Pension
Funded levels for 255 S&P 500 plans reach their highest level since the Great Financial Crisis, Wilshire reports.
Aggregate investment return of 11.72% wasn’t enough to counter falling interest rates.
Despite returns of nearly 13%, US corporate plans’ funded level remained flat for the year, thanks to falling rates, Willis says.
Aggregate deficit of 100 largest defined benefit plans falls to lowest level since March.