The funding ratio of pension plans sponsored by S&P 500 companies fell 6.7 percentage points to 81.2% in 2014, said new research from S&P Dow Jones Indices.
June 08, 2015 | 03:37 pm
The Washington Post and Washington-Baltimore Newspaper Guild have reached a tentative agreement on a new two-year contract that freezes the company’s traditional defined benefit plan and...
June 05, 2015 | 03:39 pm
The funded status of the 100 largest U.S. corporate defined benefit plans increased to 84.1% at the end of May, up 150 basis points from April, the Milliman 100 Pension Funding index showed.
June 04, 2015 | 02:40 pm
The aggregate funded status of defined benefit plans of S&P 1500 companies improved to 83% in May, up one percentage point from April and up nine percentage points from January.
June 03, 2015 | 12:21 pm
The total deficit of all U.K. corporate pension funds decreased 0.8% in May to £259 billion ($395.8 billion). A 0.3% increase in total liabilities to £1.54 trillion was more than offset...
June 01, 2015 | 01:48 pm
The funding ratio for pension plans sponsored by Russell 1000 companies declined six percentage points to 81% in 2014, said a report from UBS.
May 28, 2015 | 03:19 pm
Air Canada will opt out of a 2013 agreement with the Canadian government and Air Canada employees that required the airline to contribute an average of C$200 million ($166 million) annually to its...
May 27, 2015 | 01:39 pm
Pension funds that cannot afford to take higher risk to help plug growing deficits should turn to their employer for increased contributions, so they do not have to extend their recovery plan end...
May 22, 2015 | 01:15 pm
The median return of all plans in the BNY Mellon U.S. Master Trust Universe was 2.4% in the first quarter of 2015, up from 1.62% in the fourth quarter of 2014 and driven by strong returns in non-U.S. ...
May 20, 2015 | 01:36 pm
Penbridge Advisors, a pension risk transfer advisory firm, has launched its Pension Risk Transfer index, which measures the typical premium an insurance company would charge a generic defined benefit ...
May 18, 2015
Verizon Communications Inc., New York, announced Tuesday it plans to purchase AOL Inc., New York, for about $4.4 billion in a deal that would add more than $600 million in assets to the...
May 12, 2015 | 12:27 pm
The aggregate deficit of occupational pension funds covered by the U.K. Pension Protection Fund’s 7800 index decreased 17.2% to £242.3 billion ($367 billion) in April as gilt yields rose.
May 12, 2015 | 12:12 pm
Ashland Inc. will offer lump sums or immediate reduced annuities to about 21,000 terminated vested pension fund participants who have yet to retire, said an 8-K filing with the Securities and...
May 08, 2015 | 05:32 pm
The funded status of the 100 largest U.S. corporate defined benefit plans improved to 82.6% at the end of April, up 170 basis points from March, the Milliman 100 Pension Funding index showed Thursday.
May 07, 2015 | 03:34 pm
The funded status of U.S. corporate defined benefit plans improved in April on account of falling liabilities, said reports from Wilshire Consulting and Mercer.