Research
US, Canadian Pension Funds Rebound with Markets in Q2
Resurgent equities erase nearly 40% of US corporate pension funded status loss during first quarter.
Tag: Defined Benefit
Regulation
UK Regulator Targets Defined Benefit Transfer Weaknesses
FCA bans contingent charging, finds British Steel pensioners received worse advice than most.
Pensions
Study: There’s a Better Way to Withstand Downturns than Old DB Model
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.
Research
UK Corporate Pension Funding Hammered by Pandemic in April
FTSE 350 company plans swing to £52 billion deficit from £10 billion surplus during the month.
Pensions
Canadian Defined Benefit Plans Have Worst Quarter in 12 Years
RBC and Northern Trust report plans lost 7.1%, the steepest drop since 2008.
Research
UK Defined Benefit Code Revision ‘Biggest Revolution’ in 15 Years
The Pensions Regulator publishes consultation on British defined benefit investing regulations.
Pensions
Public Pension Funding Ratio Hits Three-Year High in Q4 2019
But market volatility caused by the coronavirus threatens to erase some of the gains.
Pensions
Canadian DB Plans Rebound in 2019, Return 14%
Strong comeback from 2018 losses provides second-highest return in 10 years.
Asset Allocation
Canadian Defined Benefit Plans Return 13.6% in 2019
End-of-year equities rally boosts returns for pension plan portfolios.
Newsmakers
South Carolina Governor Calls for Closure of Defined Benefit Pension
Gov. Henry McMaster’s proposed plan would move all new employees into a defined contribution pension.
Pensions
Funding for UK Defined Benefit Plans Rises in December
The total deficit for the plans is nearly halved as the funded ratio climbs to 98%.
Regulation
Canadian Defined Benefit Plans Surge at End of 2019
Rising bond yields, strong asset returns bring funded ratio to near all-time high.
Market Moves
UK DB Plans Funded Ratio Rises to 96.1% in November
Deficit for UK defined benefit plans fell to £71.1 billion.
Falling Bond Yields ‘Warning Sign’ for Canadian DB Plan Sponsors
Aon says the window for de-risking opportunities ‘seems to be closing.’
Survey Highlights Need for Auto-Enrollment in Public Sector Supplemental Retirement Plans
As defined benefit plans shrink, supplemental plans are growing – but full participation may be hard to achieve without automatic enrollment.