State Pension Assets Rose Nearly $325B Last Year
August 9, 2012 (PLANSPONSOR.com) – Assets of U.S. state pension systems rose nearly $325 billion last year, according to a survey.
Administration
Employees Asking More Retirement Questions
August 9, 2012 (PLANSPONSOR.com) - Employees are increasingly focused on retirement planning, according to a report.
Individuals Seek Guaranteed Income Outside Retirement Plans
August 8, 2012 (PLANSPONSOR.com) – A LIMRA study of annuity buyers found that the top reason consumers gave for buying their annuity is to supplement their Social Security...
Post Retirement Replacement Income Falls over Time
August 7, 2012 (PLANSPONSOR.com) – An analysis from the Social Security Administration (SSA) shows how income replacement in retirement decreases over time.
DB Plans See Large Decline in Funded Status
August 6, 2012 (PLANSPONSOR.com) – Defined benefit (DB) plans experienced the worst decrease in funded status in the 12 years since Milliman Inc. began tracking DB funding.
Institutional Investors Have Negative Returns in Q2
August 6, 2012 (PLANSPONSOR.com) - Negative returns from domestic and international equities may have caused U.S. institutional investment plan sponsors in the Northern Trust Universe to lose 1.5%...
International Equities Drag Down Institutional Plan Performance
August 6, 2012 (PLANSPONSOR.com) - Despite a rising bond market, falling equity returns -- especially international equity -- proved to be a drag on the performance of all...
Pension Deficit Reaches New High
August 3, 2012 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies reached a record high in July.
Pensions Have Record Low Funding Level in July
August 3, 2012 (PLANSPONSOR.com) – The funded status of the typical U.S. corporate pension plan reached a record low in July.
Indiana Pension Drops Return Assumption to 6.75%
August 2, 2012 (PLANSPONSOR.com) - The Indiana Public Retirement System (INPRS) adopted what may be the most conservative public pension investment return assumption in the nation.
Another Company Offering Lump-Sums to De-Risk Pension
August 2, 2012 (PLANSPONSOR.com) – NCR Corporation has announced the next phase of its pension strategy to materially reduce the size of its pension liability.
Consider PBGC Premiums Before Reducing DB Contributions
August 1, 2012 (PLANSPONSOR.com) - Plan sponsors must consider the most effective ways to take action under legislation that reduces required funding for defined benefit (DB) plans but...
Funded Ratio Not a Sufficient Measure of DB Financial Health
August 1, 2012 (PLANSPONSOR.com) - The American Academy of Actuaries cautioned that a commonly used measure for considering a pension plan healthy—its funded ratio—fails to provide a sufficient...
Young Canadians Not Preparing for Retirement
August 1, 2012 (PLANSPONSOR.com) - Young Canadians, while aware of the need for retirement planning, often delay saving for retirement, a study found.
Fuller Named CIO of N.Y. State Retirement Fund
July 30, 2012 (PLANSPONSOR.com) - New York State Comptroller Thomas P. DiNapoli appointed Vicki Fuller as the new chief investment officer (CIO) for the $150.3 billion New York...
Canadian Bankers Association Promotes PRPPs
July 27, 2012 (PLANSPONSOR.com) - The Canadian Bankers Association (CBA) is asking premiers to enact provincial legislation that would provide universal access to Pooled Registered Pension Plans (PRPPs).
Public Sector Employees Uncertain About Retirement Income
July 26, 2012 (PLANSPONSOR.com) - Only 19% of full-time public sector workers are very confident in their retirement income prospects, with many expressing concern about the impact of...
Women Face Retirement Security Challenges
July 26, 2012 (PLANSPONSOR.com) - Over the last decade, working women’s access to and participation in employer-sponsored retirement plans have improved relative to men’s, but they still face...
Vanguard Principal Advises Against 'Rearview Mirror Investing'
July 25, 2012 (PLANSPONSOR.com) - Exchange-traded fund (ETF) sponsors are compensating for the lack of live data on new funds by using an index’s back-tested data to predict...
Savers Worry They Will Outlive Retirement Nest Egg
July 25, 2012 (PLANSPONSOR.com) - Only about one in six people (16%) worldwide is confident their current level of savings is sufficient to cover their financial needs after...