Pension funding

Milliman: 100 largest public DB plans’ funding improves in third quarter on 3.5% return

Milliman: 100 largest public DB plans’ funding improves in third quarter on 3.5% return

The funded status of the 100 largest public pension plans rose to an aggregate 71% as of Sept. 30, up 1.2 percentage points from three months earlier, said a quarterly public pension funding study by ...

November 29, 2016 | 01:12 pm
U.S. election aftermath good for U.K. corporate pension funding

U.S. election aftermath good for U.K. corporate pension funding

U.K. corporate defined benefit funds saw a 35 billion ($44.1 billion) improvement in deficits in the week after the U.S. presidential election, which is helping unwind damage done by the U.K.'s vote ...

November 28, 2016
U.K. increased commitment to infrastructure seen as opportunity for pension funds

U.K. increased commitment to infrastructure seen as opportunity for pension funds

U.K. increased commitment to infrastructure seen as opportunity for pension funds

November 23, 2016 | 01:39 pm

MSCI: North American companies have largest pension funding problem

The level of underfunding in corporate pension funds is at its worst in North America, shows analysis by MSCI ESG Research.

November 21, 2016 | 01:33 pm
Royal Mail warns pension plan surplus will end in 2018, looking at new arrangement

Royal Mail warns pension plan surplus will end in 2018, looking at new arrangement

Royal Mail PLC confirmed in its half-year results that it expects to exhaust its pension plan surplus on an actuarial basis by 2018, and said it hopes to resolve issues around its future retirement...

November 17, 2016 | 03:38 pm
U.S. election aftermath good for U.K. pension funding

U.S. election aftermath good for U.K. pension funding

U.K. corporate defined benefit funds saw a £35 billion ($44.1 billion) improvement in deficits in the week after the U.S. presidential election, which is helping unwind damage done by the U.K....

November 16, 2016 | 01:40 pm
PBGC’s single-employer pension deficit narrows, but multiemployer deficit deepens

PBGC’s single-employer pension deficit narrows, but multiemployer deficit deepens

The PBGC’s single-employer insurance program’s deficit narrowed in fiscal year 2016, but the multiemployer program’s deficit got worse, the Pension Benefit Guaranty Corp. said in...

November 16, 2016 | 02:06 pm
Illinois’ unfunded pension liabilities soar 16.9% in fiscal 2016 — report

Illinois’ unfunded pension liabilities soar 16.9% in fiscal 2016 — report

Illinois’ unfunded pension liabilities rose 16.9% to $129.8 billion in the fiscal year ended June 30, said a report from the state Commission on Government Forecasting and Accountability.

November 16, 2016 | 01:16 pm

Fitch: Funding of state pension systems stabilizing, but long-term health still in doubt

The funded status of many state pension systems has stabilized, but volatile investment returns, historically low interest rates, rising contribution demands and demographic changes challenge the...

November 15, 2016 | 04:07 pm
Corporate pension funding under renewed spotlight

Corporate pension funding under renewed spotlight

Defined benefit funding by corporations is taking on renewed urgency for regulators, pension funds and companies themselves as the potential for deficits to interfere with corporate life becomes more ...

November 14, 2016

University of Glasgow calls on KPMG to develop long-term pension funding plan

University of Glasgow hired KPMG to help with the design, development and implementation of a long-term funding plan for its defined benefit fund, the University of Glasgow Pension...

November 14, 2016 | 01:09 pm
L&G completes £1.1 billion buyout of Vickers Group scheme

L&G completes £1.1 billion buyout of Vickers Group scheme

The Vickers Group Pension Scheme, Derby, England, completed a £1.1 billion ($1.3 billion) buyout with Legal & General Group PLC.

November 14, 2016 | 12:00 pm
Milliman: Multiemployer plans see small improvements in first 6 months of 2016

Milliman: Multiemployer plans see small improvements in first 6 months of 2016

The aggregate funded status for multiemployer pension plans improved slightly to 76% in the first six months of the year, up from 75% at the end of 2015.

November 11, 2016 | 03:35 pm
New administration facing macro, micro challenges

New administration facing macro, micro challenges

The new Trump administration will face challenges on the macro level in reviving a weak economy and low-returning investment markets, and raising interest rates whose near-zero level has been...

November 09, 2016 | 10:24 am
Pension liabilities for 50 largest local governments jump 192% since 2005

Pension liabilities for 50 largest local governments jump 192% since 2005

Adjusted net pension liabilities for the 50 largest local governments totaled $367 billion in fiscal year 2015, up 192% from 2005, said a report Friday from Moody’s Investors Service.

November 04, 2016 | 01:35 pm