Corporate pensions

ECB looking for passive managers to run $1 billion

European Central Bank is searching for two money managers to run a combined €960 million ($1.1 billion) in global passive allocations for its pension fund.

December 16, 2015 | 02:38 pm
Pension funds shift gears on LDI approach

Pension funds shift gears on LDI approach

Pension plans are having to work smarter to implement liability-driven investing, as market changes increasingly make derivatives unattractive tools for hedging liabilities.

December 14, 2015
Moody's: Corporate plans could reach full funding in 2018 after interest rate increases

Moody's: Corporate plans could reach full funding in 2018 after interest rate increases

U.S. corporate pension plans could reach full funding in 2018 as a result of the Federal Reserve raising interest rates, said a report from Moody's Investors Service released Monday.

December 14, 2015 | 01:16 pm
U.K. pension funds looking to U.S. bond market for LDI assets

U.K. pension funds looking to U.S. bond market for LDI assets

The U.S. corporate bond market is expected to become a pool for U.K. pension funds to fish in as they begin to move further into using physical assets for hedging tools within their liability-driven...

December 14, 2015
Poor returns hurt corporate funding levels in November

Poor returns hurt corporate funding levels in November

The funded status for U.S. corporate pension plans fell between 20 and 100 basis points in November due to negative returns for most asset classes.

December 14, 2015
Dow Chemical-DuPont deal will bond nearly $47 billion in retirement assets

Dow Chemical-DuPont deal will bond nearly $47 billion in retirement assets

The merger announced on Friday of Dow Chemical Co., Midland, Mich., and E.I. du Pont de Nemours & Co., Wilmington, Del., will create a company with total retirement plan assets of $46.5 billion.

December 11, 2015 | 11:57 am

U.K. fiduciary management assets soar 58% in year — KPMG report

The U.K. fiduciary management market saw its biggest growth yet in the year ended June 30, jumping 58.3% to £114 billion ($179 billion) of assets, a KPMG report said.

December 08, 2015 | 02:40 pm
U.K. corporate pension fund deficit increases 2% in November

U.K. corporate pension fund deficit increases 2% in November

Asset growth in November was unable to offset increased liabilities for the defined benefit funds covered by the Pension Protection Fund's 7800 index, with the total deficit increasing 2% to...

December 08, 2015 | 11:05 am
Lackluster returns push down corporate funded status for November — Milliman

Lackluster returns push down corporate funded status for November — Milliman

The funded status of the 100 largest U.S. corporate pension plans decreased 20 basis points to 83.3% at the end of November because of weak investment returns, the Milliman 100 Pension Funding index...

December 07, 2015 | 01:04 pm
Corporate pension funding levels dip in November — 3 reports

Corporate pension funding levels dip in November — 3 reports

The funded status for U.S. corporate pension plans fell between 20 and 100 basis points in November due to negative returns for most asset classes, said three reports.

December 03, 2015 | 01:23 pm
U.K. pension derisking expected to accelerate

U.K. pension derisking expected to accelerate

Insurance capacity for U.K. pension funds wishing to transfer pension risk is set to increase to more than £15 billion ($22.5 billion) in 2016 as new entrants come into the marketplace and the...

December 02, 2015 | 03:31 pm
Funding level of U.K. corporate pension plans drops, report finds

Funding level of U.K. corporate pension plans drops, report finds

The total deficit of U.K. corporate defined benefit funds increased 15.8% in November to £264 billion ($396.8 billion), analysis by JLT Employee Benefits shows.

December 01, 2015 | 01:26 pm
Honda retirement age hike part of program to deal with changing workforce

Honda retirement age hike part of program to deal with changing workforce

The announcement by Honda Motor Co., Tokyo, that it will raise the company's retirement age is part of a program of far-reaching changes to meet the needs of an increasingly diverse workforce.

December 01, 2015 | 11:07 am
Honda raises retirement age to 65

Honda raises retirement age to 65

Honda Motor Co. plans to shake up job terms next fiscal year and lift its retirement age by five years to 65, making the carmaker one of Japan Inc.'s biggest companies to take action in coping with...

November 30, 2015 | 04:06 pm

U.S. pension fund buyouts accelerating in first 9 months of 2015

U.S. corporate pension plan buyouts reached $3.2 billion during the third quarter, down from $3.8 billion the quarter before, said a LIMRA Secure Retirement Institute sales survey.

November 25, 2015 | 01:09 pm