Corporate pensions

Growing pension deficits cause fallout for U.K. corporations

Growing pension deficits cause fallout for U.K. corporations

The defined benefit plan's role in a corporation is once again becoming increasingly important for U.K. companies, industry experts say.

May 04, 2015

U.K. corporate pension fund deficit ticks down in April

The total deficit of all U.K. corporate pension funds decreased 3% in April to £261 billion ($390 billion), said the latest analysis by JLT Employee Benefits.

May 01, 2015 | 12:22 pm
ITN Pension Scheme deficit increases 22.5% in 2014

ITN Pension Scheme deficit increases 22.5% in 2014

The deficit for the ITN Pension Scheme, London, increased 22.5% to £98.5 million ($147.2 million) for the year ended Dec. 31, said sponsoring company Independent Television News Ltd.’s...

May 01, 2015 | 11:58 am
RBC Capital Markets identifies ideal candidates for pension risk transfers

RBC Capital Markets identifies ideal candidates for pension risk transfers

The pension risk transfer environment is still a positive one in 2015 despite lower interest rates, with a good number of firms making ideal candidates for performing such transactions, a report from ...

April 30, 2015 | 04:01 pm

Milliman: 100 largest corporate plans see little funding movement in March

The funded status of the 100 largest U.S. corporate defined benefit plans fell to 81% at the end of March, down 20 basis points from February, the Milliman 100 Pension Funding index showed Thursday.

April 23, 2015 | 03:10 pm

Barnett Waddingham: Fewer than 20% of U.K. pension funds still open

Only 19% of U.K. final-salary defined benefit plans with more than £1 billion ($1.5 billion) in assets remain open, said a report from consultant Barnett Waddingham.

April 22, 2015 | 03:17 pm
Tesco charts funding plan to close growing pension plan deficit

Tesco charts funding plan to close growing pension plan deficit

Tesco PLC, Cheshunt, England, has agreed to a funding plan with trustees of the company's defined benefit plan in an effort to plug a £3.9 billion ($5.8 billion) deficit.

April 22, 2015 | 02:01 pm
Funded status hurt by longer lifespans, discount rate drop

Funded status hurt by longer lifespans, discount rate drop

The average funding ratio of the 100 largest U.S. corporate defined benefit plans dropped 7.7 percentage points in 2014 to 85.8%, despite strong investment returns that averaged 9.2%, Pensions &...

April 20, 2015

Charting corporate funding status through the years

See a series of graphs and charts showing the funded status of the top 100 corporate pension funds.

April 20, 2015 | 12:01 am

Wilshire: S&P 500 funded status plummets in 2014 despite strong returns

The aggregate funded status for pension plans sponsored by S&P 500 companies fell 720 basis points to 82.5% in 2014 as liability growth outpaced assets, said an annual report from Wilshire Consulting.

April 16, 2015 | 04:03 pm

Towers Watson: Funding of 100 largest corporate pension plans drops to 81% in 2014

The funded status of the 100 largest U.S. corporate pension plans fell eight percentage points in 2014 to an aggregate 81%, said a report from Towers Watson.

April 14, 2015 | 04:11 pm

U.K. pension funding deficit rises 17.7% in March

The aggregate deficit of occupational pension funds covered by the U.K. Pension Protection Fund’s 7800 index increased 17.7% to £292.6 billion ($436.9 billion) in March.

April 14, 2015 | 11:06 am
Corporate funding ratios dip in first quarter — 2 reports

Corporate funding ratios dip in first quarter — 2 reports

The aggregate funded status of S&P 500 companies with defined benefit plans fell 120 basis points to 82% in the first quarter as liability growth outpaced assets, Aon Hewitt said.

April 10, 2015 | 02:12 pm
Royal Dutch Shell’s deal for BG Group to add $2 billion in retirement assets

Royal Dutch Shell’s deal for BG Group to add $2 billion in retirement assets

Royal Dutch Shell PLC’s proposed deal for BG Group PLC will create an entity with retirement assets of nearly $100 billion.

April 08, 2015 | 03:40 pm

Mercer: FTSE 350 pension funding deficit rises 9.5% in March

The total funding deficit of U.K. FTSE 350 companies’ pension funds increased 9.5% to £127 billion ($189.6 billion) in March, Mercer said.

April 08, 2015 | 02:30 pm