Russell Releases Corporate Pension Finance Handbook

July 3, 2012 ( - Russell Investments compiled a handbook outlining the major issues facing corporate pension plan sponsors.

Russell’s Bob Collie, chief research analyst; Jim Gannon, director, asset allocation and risk management; and David Phillips, senior investment strategist, give an overview of the main issues and offer a practical view about pension plan management.  

Specifically written for chief investment officers, chief financial officers and treasurers, the handbook is divided into three sections – the pension plan and the corporation, pension plan basics, and special considerations for frozen and closed plans.  

The handbook’s overview was designed to show plan sponsors how to: 

  • Navigate pension liabilities in the face of new Pension Protection Act (PPA) requirements, 
  • Manage pension expense on the income statement,  
  • Understand the impact of defined benefit (DB) plan closure or freezing and risk transfer options,
  • Understand how interest rate volatility affects the plan, and
  • look ahead to future pension accounting potholes. 

A copy of the handbook can be requested from here.