Is the Risk-Matching Precision of SMAs Worth the Cost and Complexity?
Vanguard research explains how CITs and mutual funds are just as beneficial.
Tag: defined benefit (DB) plans
Equity Returns Pull Average Pension Funded Ratios Up in July
DB plan funded status reached a five-year high in July.
Institutional Investor Returns Rebound From Q1 2018
Institutional assets tracked by Wilshire Trust Universe Comparison Service (Wilshire TUCS) posted an all-plan median return of 0.88% for second...
Your DB Funded Status Has Improved? Now What?
Corporate DB plans have experience funded status improvement, and LDI strategies help plan sponsors preserve this; however, investment committees are...
‘Hibernation’ the Next Step for DB Plan Investing
As more marketable obligations—such as those for in-pay retirees—are transferred to insurers, residual DB plans will have unusual and idiosyncratic...
June DB Plan Funded Status Virtually the Same as May
However, firms that track DB funded status report 2% gains for the quarter and up to 6% for the year.
R.I. Governor Signs Bill to Facilitate Settlement of Church Plan Suits
A newly filed challenge to St. Joseph Health Services of Rhode Island’s retirement plan claims the plan at some point...
Tax Reform, Other Factors Leading DB Plans to Increase Funding
Nearly two-thirds (62%) of respondents to a survey say they are "very likely" to transfer some or all of their...
Prospect Chartercare Faces Lawsuit Over DB Plan Funding
The complaint alleges that at a certain point, the plan lost its church plan status as defined by ERISA and...
Retirees Find Creating a Drawdown Strategy Is Complex
"Having a plan in place to manage their finances can help retirees feel confident about spending their assets and address...
PSNC 2018: Rules, Regulations and Other Factors Affecting DB Funding Strategies
A partner at Ivins, Phillips & Barker discusses why defined benefit plan sponsors should consider accelerating their funding—and how to...
Interest Rates Temper DB Funded Status Improvements in May
“The pattern of improvement paused last month owing to a dip in discount rates, but aggregate funded status remains near...
More Than $6 Billion in Additional Pension Contributions Made Since Tax Reform
Although increasing pension contributions was not a primary consideration in the decision to lower the corporate tax rate in the...
Groups Offer Blueprint for New Social Contract for Retirement
The blueprint calls for nine design features of the new contract.
Plan Sponsor Interpretation Must Be Given Deference in Lawsuits Challenging Plan Terms
The 6th Circuit noted that Firestone Tire & Rubber Co. v. Bruch, in which an arbitrary-and-capricious standard of review is...
FedEx Transfers Some Pension Obligations to MetLife
According to MetLife, the pension risk transfer (PRT) agreement involves pension obligations of $6 billion.
BNY Mellon Master Trust Universe Sees First Negative Result in 10 Quarters
Corporate and health care plans fared the worst, with quarterly returns of -1.14% and -0.71%, respectively.
Increased Interest Rates Boost DB Plans’ Funded Status in April
Firms that track defined benefit (DB) plan funded ratios also noted that slight gains in equity markets improved plans’ funded...
Institutional Investor Returns Pulled Down by Market Losses
Wilshire TUCS first quarter returns were weighed down by losses across all major asset classes.
State Pension Plans Reverse Two Consecutive Years of Return Declines
“A primary driver of the improvement in the funding ratio was the increase in global equity values for the 12-month...