Market Moves
Fright Among British Pension Funds as Bonds Buying Ends
Bank of England says it is ceasing support for gilts on Friday, as plans face punishing margin calls amid tanking fixed-income values.
Tag: DB plans
Newsmakers
AstraZeneca to End Its US Corporate Pension Plan
Terminating the $1.3 billion plan is significant because the pharmaceutical industry is one of the few strongholds for DB plans, according to a Willis Towers Watson report.
Risk
Actuarial Assumptions Do Not Affect Actual DB Costs
‘Experience studies’ and certain types of modeling will help plan sponsors find a better balance between assumptions and experience to avoid future cost surprises.
Market Moves
Good News for Company Plans: Need for More Contributions Is Dwindling
Corporate tax reductions and strong investment returns have put pension plans in a good place, a NISA study finds.
UK Pensions Funded Level Accelerates in February
Total deficit for private sector DB plans shrinks 41% over the past year.