S&P Companies’ DB Funding Dipped in February
Aon Hewitt reports the S&P 500 aggregate pension funded status decreased, and Mercer says the estimated aggregate funding level of pension plans sponsored by S&P 1500 companies decreased.
JP Morgan researchers suggest 7% or 8% annual return assumptions have very little chance of holding out in coming years and decades.
The Pension Benefit Guaranty Corporation announced an agreement that restores two pension plans to The Renco Group Inc., a private investment holding company based in New York City.
Just like the Baby Boomers and Gen Xers before them, Millennials are slowly reshaping basic assumptions about the workforce and employer-provided health benefits.
Northern Trust subsidiary joins forces with alternatives specialist Aurora Investment Management; Vanguard Launches international high-dividend yield index fund and dividend appreciation index fund.