Funding Ratio of Pension Plans Remains at 77%
January 4, 2013 (PLANSPONSOR.com) - The typical U.S. pension plan’s funding ratio remained at 77% during the fourth quarter of 2012, according to The UBS Global Asset Management...
Administration
Pension Funded Status Rose in December
January 4, 2013 (PLANSPONSOR.com) - Rising equity markets and falling liabilities in December combined to push the funded status of the typical U.S. corporate pension plan into positive...
New York Fund Sues Qualcomm
January 3, 2013 (PLANSPONSOR.com) - The New York State Common Retirement Fund is suing Qualcomm Inc. regarding access to corporate records.
Record Year-End Pension Deficit for S&P 1500
January 3, 2013 (PLANSPONSOR.com) – S&P 1500 plan sponsors finished 2012 with the highest year-end pension deficit ever.
Pension Funding Levels Slightly Declined in 2012
January 2, 2013 (PLANSPONSOR.com) - Corporate pension plan funding levels declined modestly in 2012, keeping most plans considerably underfunded.
Wisconsin Pension Payments Projected to Drop
December 28, 2012 (PLANSPONSOR.com) – Retired Wisconsin public employees could face up to a 13% decrease in their pensions beginning in May.
Seattle Funds Asked to Divest from Fossil Fuels
December 24, 2012 (PLANSPONSOR.com) - The City of Seattle is moving to divest from fossil fuels following a roundtable discussion with environmental activist and 350.org founder Bill McKibben....
Don’t Fear The Risk Bullies
December 24, 2012 (PLANSPONSOR.com) - The 2012 “risk bullies” caused investors to leave equity funds, creating double trouble.
Financial Fitness Still Second String
December 18, 2012 (PLANSPONSOR.com) – Most Americans are still more likely to consult a personal trainer than financial adviser, Allianz reports.
Preparing for a Pension Risk Transfer
December 17, 2012 (PLANSPONSOR.com) – The preparation for a pension risk transfer includes many steps.
NYC Pension Invests in Post-Sandy Reconstruction
December 14, 2012 (PLANSPONSOR.com) - In the wake of Hurricane Sandy, the New York City Teachers Retirement System has pledged $1 billion to new investments in infrastructure projects.
Stock Market Perceptions Sabotage Retirement Savings
December 13, 2012 (PLANSPONSOR.com) – New research suggests investors’ perceptions of the stock market affect whether they are invested for optimal retirement savings.
Illinois TRS Preparing for Pension Reform
December 11, 2012 (PLANSPONSOR.com) – The Illinois Teachers’ Retirement System (TRS) is reviewing contingency plans that would be implemented if the Illinois...
Verizon, Prudential Complete Partial Pension Buyout
December 10, 2012 (PLANSPONSOR.com) – Verizon and The Prudential Insurance Company of America have completed a challenged pension risk transfer transaction.
Pension Funding Equation Is Not So Simple
December 10, 2012 (PLANSPONSOR.com) - On a basic level, defined benefit (DB) pension plan funded status is the ratio of assets to liabilities.
Retirement Savings Threats Differ by Generation
December 7, 2012 (PLANSPONSOR.com) – Retirement planning is the one financial issue in which all generations are most vulnerable, but for different reasons.
Mercer Gives Pension Risk Management Tips
December 6, 2012 (PLANSPONSOR.com) – Mercer identified five top pension risk management priorities for 2013.
S&P 1500 Face Record Year-End Pension Deficit
December 5, 2012 (PLANSPONSOR.com) – The aggregate deficit in pension plans sponsored by S&P 1500 companies decreased by $12 billion during November.
Pension Funding Up in November, Down for Year
December 5, 2012 (PLANSPONSOR.com) – The funded status of the typical U.S. corporate pension plan increased to 74.4% in November, up 0.8 percentage points.
Nearly Half Considering Financial Resolutions
December 5, 2012 (PLANSPONSOR.com) – A record number of consumers (46%) are considering financial resolutions, according to Fidelity Investments’ fourth annual New Year Financial Resolutions Study.