Mercer: Companies Changing DB Funding, Risk Strategies Due to PBGC Premiums, Capital Markets
Nearly 80% of all respondents are now contributing more than the minimum level of funding to their DB plans, survey says.
Nearly 80% of all respondents are now contributing more than the minimum level of funding to their DB plans, survey says.
Only 14% of workers around the world have a written strategy for retirement.
Assistant executive officer to become interim CEO.
Actuaries debunk treasurer’s “crisis” warning.
Report says 53% of UK employers believe defined benefit plans negatively impact salary raises.
Suggests MOSERS lower expectations, investment fees.
Illinois, Alaska, and Connecticut among largest unfunded liabilities.
Board approves up to $700 million in private equity, multi-strategy real estate commitments.
Report finds less than half of Baby Boomers and GenXers have any retirement savings.
Funded ratio falls to 83% for month, but is up from 77% in 2016.
Trade association argues that regulator is too focused on process, and not enough on people.
Mercer says decline may be due to uncertainty over Brexit negotiations.
Former infrastructure consultant, real estate consultant named as potential immediate replacements.
Manchester bus company and managing director could face unlimited fine.
Institute of Directors calls on UK government to help retirees become entrepreneurs.