Tag: Defined Benefit
Moody’s forecasts a 6% rise in total adjusted pension liabilities in 2020.
Pension board also approves reduction in assumed rate of inflation to 2.5%.
Under new set-up, a plan is over-funded, which serves as a cushion in a downturn. Any benefit cuts are only as a last resort.
RBC and Northern Trust report plans lost 7.1%, the steepest drop since 2008.
The Pensions Regulator publishes consultation on British defined benefit investing regulations.
But market volatility caused by the coronavirus threatens to erase some of the gains.