Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
November 12th, 2015
Benefits & Administration
Pensions Get Positive Push from Markets in October
The funded status of the typical U.S. corporate pension plan rose in October, increasing by 2.9 percentage points, to 84.7%, according to BNY Mellon Fiduciary Solutions’ Monthly Institutional Scorecard. Corporate pensions are now up 2.4% year to date, after briefly dipping into negative territory in September. Public plans, and foundations and endowments both exceeded the Scorecard’s monthly return targets by 3.9% and 3.8%, respectively.Read more >
From the Magazine
Experts Answer Questions About ACA Excise Tax
Experts from Groom Law Group provide responses to questions received about the Affordable Care Act (ACA) excise tax and guidance from the Internal Revenue Service (IRS).Read more >