LDI Push to Lower Stock Exposure Reaches Its Destination
The de-risking trend has seen equities cut in half since 2008, to around 30% of assets, and Milliman thinks that’s where it will stay.
Tag: Zorast Wadia
Pensions
“Relief Is No Longer Relief:” Financial-Market Upheaval Overtakes Best Intentions of Pension Legislation
Even with American Rescue Plan Act relief largely unavailable, pension plan balance sheets improved in 2022, causing some corporate plan sponsors to consider adding risk in 2023.
Pensions
U.S. Pension Funding Ratios Continue to Increase
Better equity performance and higher interest rates in October contribute to pensions nearing full funding.
Asset Allocation
Higher Discount Rates Offset Lower Equity Values in August
U.S. corporate pension funds improve by 0.7 percentage points, to 99.0% in August from 98.3% in July.
Research
Don’t Call It a Comeback: Plan Sponsors Could Thaw Frozen Defined Benefit Plans
Unfreezing pension plans may help with workforce recruitment and retention.
Risk
Once a Liability, Corporate Pension Plans Start Turning a Surplus for Many Companies
But that doesn’t mean corporations will reopen closed plans.
Newsmakers
U.S. Corporate Pension Funds Remain Steady in February
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.
Newsmakers
Funded Ratio for US Corporate Pensions Tops 100% Despite Market Drop
Multiemployer pension plans’ funded level rises to 91% at year-end 2021.
Pensions
US Corporate Pension Funding Nudges Higher in FY 2020
Asset returns of 13.4% offset plunging discount rates to lift funded levels to 88.4%.
Asset Allocation
US Corporate Pension Funded Ratio Climbs to 89.8% in January
An increase in discount rates boosted the funded levels of the 100 largest corporate pension plans by $39 billion.
Pensions
US Corporate Pensions Funding Drops in 2020 Despite Robust Returns
Aggregate investment return of 11.72% wasn’t enough to counter falling interest rates.
Research
Huge Investment Gain Boosts Corporate Pension Funding by $12 Billion
Over 5% return in November helps raise funded ratio of 100 largest corporate pensions to 86.2%.
Pensions
Funded Status of US Corporate Pensions Rises $21 Billion in October
Aggregate deficit of 100 largest defined benefit plans falls to lowest level since March.
Research
Corporate Pension Asset Values Drop for First Time in Six Months
Discount rates rise for second straight month after hitting all-time low in July.
Pensions
US Corporate Pensions See Largest Monthly Funding Gain Since 2003
Funding boost helped by combination of robust investment gains and rising discount rates.