With ProVal 2.26 plan sponsors will be able to establish
alternative investment policies, benefit policies and/or
contribution policies that can be demonstrated to manage
the costs and risks of the plan more effectively (e.g.,
contributions which are more stable and predictable),
according to a press release from the company.
ProVal 2.26 will allow plan sponsors and their service providers to evaluate the impact of new funding rules (See What’s Inside the Pension Protection Act ) and accounting rules (See FASB to Issue Final Standards for Pensions and OPEB ) on their plans and to develop and evaluate strategies in response to them.
The new product is a spinoff of Winklevoss’ ProVal, which is used to study Liability Driven Investment (LDI) analyses.The Greenwich, Connecticut-based company said the production version is expected to be out in the first quarter of 2007.
More information is at