Corporate Funded Status News Is Mixed
Private pensions gained last month while flat markets depressed the growth of public-sector plans.
Administration
R.I. Treasurer to Increase Pension Transparency
Rhode Island will now disclose fees it pays to investment managers, according to news reports.
Public Pensions Need Transparency from All Parties
A recently issued code of conduct defines reasonable practices for public pension service providers, but are there practices public pensions should adhere to themselves?
401(k) Outflows from Retirements Can Be Offset
Plan sponsors should encourage additional savings to keep plans healthy.
Low Interest Rates Ease Pension Debt Restructuring
In finance as in physics, investment market forces produce both upside and downside.
Pension Hibernation Can Be a Bridge to PRT
Plan sponsors looking to enact a PRT transaction, but lacking sufficient cash, might consider “hibernating” their portfolio until a more favorable risk transfer opportunity arises.
Many DB Plan Sponsors Still Considering Risk Transfer
More than half are looking to LDI strategies to de-risk their plans.
Code of Conduct Created for Public Pension Service Providers
“The code of conduct is a valuable tool to ensure that fiduciaries and plan providers are working together in the best interests of participants and beneficiaries,” says Hank...
Investment Committee Solutions for Small Plans
Plan sponsors with no committees must still perform committee functions.
Pension Plan Funded Ratios Increased in April
The aggregate funded ratio for U.S. corporate pension plans saw an increase in April 2015.
DC Plans Important to Retirement Income Strategies
DC plans can play a part in numerous strategies for setting up retirement income.
Pensions See Increased Funded Status in April
Rising interest rates helped improve U.S. corporate pension plan funding.
Will DC Plans See More Robo Advice?
Defined contribution plans are not likely to use robo advisers in the near future, but may begin to if the innovation develops, sources say.
Helping Participants Plan Their Distributions
Employees receive education about saving for retirement from their employers, but something rarely discussed is how to make that savings last.
Providers Can Help Improve Retirement Plans
Retirement plan service providers are keeping up with new trends and can help plan sponsors do so as well.
Updating Communications to Retirement Plan Participants
Retirement plan sponsors should revisit their communications strategies to keep up with participants’ needs and advancing technology.
Top DB Plans Lose Ground Last Year
A new study shows the greatest funded percentage drop since 2008.
CalPERS Adjusts Contributions for Increased Longevity
"As the fund matures, and the retired population grows, it's important that the rates reflect the changing demographics of our members," says Richard Costigan, chair of the CalPERS...
CalPERS Cuts Investment Costs by $90M in Five Years
A CEM benchmarking report deemed CalPERS as 'cost-advantaged.'
Still Hope for In-Plan Lifetime Income Options
Hueler Income Solutions offers DC plan participants an out-of-plan lifetime income solution, but the Hueler Companies CEO says providers are making progress on being able to offer in-plan...