Cambridge Associates Names New President, Head of Investing
Samantha Davidson will arrive from Mercer to take the reins in July, as Noel O’Neill moves into a new investment...
Tag: defined benefit retirement plans
Finance, Health Care Workers Are Top Retirement Contributors
Workers employed in finance and health care industries were responsible for contributing the bulk of defined contribution retirement plan assets...
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USI Consulting Brings on DB Pension Exit Experts
The retirement consultancy brings on actuarial expertise with acquisition of Hooker & Holcombe.
Increased Pension Fund Liabilities Overrode Investment Returns in March
According to most analysts, the fall in discount rates raised liabilities by more than the growth in equities, leading to...
What Will Retirement Plan Access, and Employer Benefits Look Like in 2026?
Industry experts polled for Transamerica research expect a wide range of financial well-being benefits will be common by 2026.
Lower Liabilities Somewhat Offset by Equity Volatility in February
Overall, U.S. corporate pension funding levels experienced a slight increase last month.
Employers Should Offer Variety of Retirement Income Options, Survey Shows
A new report argues that plan sponsors should offer retirement income solutions such as annuities to provide lasting lifetime income...
PennSERS Drops 12% in 2022
The pension fund lost $6.5 billion in asset value over the last year, ending a three-year streak of double-digit gains.
Principal Integrates Businesses With Renewed Focus on Retirement
Owais Rana was promoted to head of investment solutions for Principal Asset Management, which is merging previously separate businesses.
Defined Benefit Plans Posted Worst Performance Since 2008 Crisis Last Year
But performance for defined benefit plans did rebound in Q4, according to a new report.
Construction Company Lawsuit Targets Its Retirement Plan Providers
The lawsuit filed by Martone Construction claims its retirement plan providers ignored requested investment trades and claimed that trading was...
Church-Exemption Ruling Could Have Wide Implications
A federal district court judge has widened the exemption to include an N.J. hospital in a lawsuit remanded back to...
Worldwide Pension Assets Fell in 2022, to Lowest Level in 15 Years
The decline for pension assets was the largest since the financial crisis of 2008, new data shows.
Lawsuit Accuses Conagra of Shirking Pension Benefits
An ERISA complaint against the Conagra pension plan claims the fiduciary and plan administrator are ignoring distribution rules laid out...
U.S. Corporate Pension Funding Remains Largely Unchanged in January
Funding levels improved most for pension funds that have significant weighting towards equities, said Agilis.
Pre-Retirees Less Confident Their Retirement Income Will Last to Age 90
Confidence among pre-retirees that they will receive enough income from all their accumulated retirement sources to cover basic living expenses...
U.S. State, Municipal Pensions Saw Funding Statuses Fall 6.6% in 2022
The Equable Institute released its final 2022 projections for U.S. state and local public pensions funding status, revealing the best—and...
Key Actuarial Changes for Public Pension Plans in 2023
The Actuarial Standards Board approved changes for public pension plans’ investment portfolio risk assessments, disclosures of employer contributions and investment...
Corporate Pension Funding Marginally Retreated From Levels To End 2022
December equity performance reduced pension funding levels from highs earlier in the year.
Ibuprofen Stock Surges as Plan Sponsors Read New DB Plan Rules in SECURE
SECURE 2.0 makes several regulatory and disclosure changes for DB plans.