UK Corporate Pension Deficit Nearly Triples in October
Aggregate deficit of PPF 7800 balloons to £107.7 billion as funding level drops 4.1%.
Tag: Defined benefit (db) pension plans
Research
Canadian DB Pension Funds’ Cup Runneth Over
Funded status of Canadian plans surges well above 100% in Q3.
Report: Trustees Leading Public Pension Funds Astray
Unaligned incentives of board members are being blamed for state pension funds’ financial woes.
UK Workplace Pension Membership Hits New High
Active membership of DC plans rise, as membership in DB plans falls.
Corporate DB Funded Status Rises to 93.4% in July
Aggregate deficit falls $12 billion to $108 billion.
S&P 500 Pension Funding Increases Nearly 5% in 2017
Funded ratio for S&P 500 defined benefit plans rises to 85.8%.
Aon: Complacency Biggest Risk for Canadian Pensions
Although most plans are now fully funded, solvency gains can vanish quickly, firm says.
Southampton University Is Closing Its DB Plan for Future Non-Teaching Members
Contributions may increase for existing beneficiaries.
McKesson to Close Long-Frozen US DB Plan
Company is planning $55 million contribution to its worldwide pension plans in fiscal 2019.
US Public Pensions’ Funded Status Falls to 71.4% in Q1
Milliman reports a 1.7% drop in the funded ratio of US DB plans from the end of 2017.
Research
Canadian Pension Investments Edge Higher in Q1
Defined benefit plans return 0.2% after gaining 4.4% in previous quarter.
Risk
Judge Cuts Mississippi Hospital Pension by 25%
Special fiduciary warned the fund would be depleted by 2025 without action.
UK Corporate DB Plans’ Deficit Soars 60% in March
Despite the sharp rise, the aggregate deficit is down 29% from 2017.
Corporate, Public Pensions’ Futures Diverge
Report finds pubic pensions are hunkering down as corporate pensions are winding down.
FTSE 100 DB Plan Deficits Fall 32% in 2017
However, figure ‘masks the materially worse funding position likely to be reported.’