Congress should work harder at designing a rescue plan for troubled industry funds, one less likely to leave future taxpayers on the hook.
U.S. corporate pension plans benefited from declining credit spreads since the start of 2016 as the average plan funded status rose to more than 90% by April 2018 from around 80%.
McKesson Corp. will terminate its U.S. pension plan, the company disclosed in its 10-K filing with the SEC.
The majority U.K.'s 25 largest pension funds are engaged when it comes to climate change risk to their portfolios, but a minority are "worryingly complacent."
U.S. corporate pension plan buyout sales totaled $1.38 billion during the first quarter, similar to the first quarter of 2017.
The pension funds of FTSE 100 firms show a year-end accounting surplus for the first time since the global financial crisis.
CEM Benchmarking released research on hedge fund returns, finding that net of costs, the asset class fails to add value over a traditional equity/bond portfolio.
Deere & Co. expects to contribute an additional $950 million to its U.S. pension and other post-retirement benefit plans in fiscal 2018.
The funded status of the 100 largest U.S. corporate pension plans rose 1 percentage point to 91.6% in April.
An estimated 115 multiemployer plans covering roughly 1.4 million participants are likely to be insolvent within the next 20 years.
The median emerging market equity allocation among plans surveyed by Pensions & Investments was 4.92% as of Sept. 30, up from about 3.9% in September of 2010.
Marks and Spencer completed about £1.4 billion in buy-in deals with Aviva and Phoenix Life for the company's pension plan.
Corporate pension plan discount rates jumped 41 basis points during the first quarter, driving the average plan funded status about 3 percentage points higher to 87.3%.
Richard E. Daudelin was named vice president, treasury at Ingersoll-Rand PLC.
BT Group has agreed to a 13-year recovery plan with the trustee of the BT Pension Scheme to plug an £11.3 billion deficit.