This week, PLANSPONSOR released its 2016 Defined Contribution Survey, a benchmarking tool for all DC plan types. In addition, the Pension Benefit Guaranty Corporation (PBGC) reported its financial status. Defined benefit (DB) plan sponsors were reminded to consider longevity risk when choosing investments. And speaking of investments, we’ve been seeing a lot of news of late about impact or social investing, suggesting that more institutions are using these investment vehicles and environmental, social and governance investments can outperform. Have a great weekend PLANSPONSOR readers, and a Happy Thanksgiving! There will be no PLANSPONSOR Weekend newsletter next Friday.
The underestimation of human life spans by forecasters and the potentially sharp unanticipated increases in longevity resulting from medical breakthroughs poses a real risk to pension funding levels, a new report notes.Read more >
One-third of institutional investors plan to increase portfolio allocations to impact investing in the coming three years, according to a survey by Greenwich Associates and American Century Investments. One-quarter of those institutions plans to boost allocations by more than 10%.Read more >
As more and more assets are invested in portfolios that consider environmental, social and governance (ESG) factors, researchers are attempting to better measure the effectiveness of so-called “impact investing,” both in terms of financial performance and as it pertains to meeting the moralistic goals of ESG.Read more >
Share the good news with a friend! Pass the NewsDash along—and tell your friends/associates they can sign up for their own copy.Read more >
Even cases that allege potential wrongdoing on the part of a service provider are often targeted exclusively at the plan sponsor. Not so in the latest suit filed by the law firm Schlichter Bogard & Denton.