Tag: Defined benefit

Total U.S. retirement assets grew 6% during 2014, according to the Investment Company Institute.

Assets held in employer-sponsored retirement plans increased 11.5% to reach $11.3 trillion at the close of 2014, according to Spectrem's 2015 Market Insights Report.

The American Society of Pension Professionals and Actuaries has rebranded as the American Retirement Association.

Investors say central clearing has reduced systemic risk in the derivatives market, and there is an increasing interest in futures.

Scott Kaplan has been named head of the pension risk transfer business team at Prudential Retirement, effective immediately.

Group pension buy-out sales saw a 120% increase, reaching $8.5 billion in 2014, compared to the $3.8 billion total in 2013.

Plan participant age metrics can be a critical factor in setting liability-driven investing strategies, according to Nuveen Asset Management.

The United States’ 19 largest pension funds hold roughly 40% of the nation’s pension obligations, according to Russell Investments, so it’s no big surprise they are struggling with...

An employer’s failure to notify employees that their pension assets were transferred to another plan resulted in a court ruling that it owed pension benefits to employees.

The GAO recommends that the Department of Labor require defined benefit plan sponsors to notify the agency when they offer lump-sum payment windows.

LGIMA has hired Mark Toomey, senior client portfolio manager, to assist with its expansion.

The market is poised for accelerated defined benefit pension plan risk transfer activity, according to speakers featured in a Mercer webcast.

A new report from Cerulli Associates notes that during the past year, robust equity markets decreased the value of pension liabilities, and resulted in improved funding levels for...

Lump-sum payments from Lockheed Martin’s defined benefit pension plan to certain former employees significantly reduced its pension benefit obligations—though not enough to offset a mortality-related increase.

Financial research and benchmarking provider CEM Benchmarking says its most recent report contains enough data to prove active investing is worthwhile for pension funds, if executed efficiently and...

Trust, transparency and time are essential ingredients of the successful OCIO relationship, says Towers Watson in its annual Global Investment Matters publication.

Employee benefits law firm Groom Law Group expanded its pension plan funding and restructuring practice with the hire of Joshua Shapiro as a senior actuarial adviser.

A new academic research paper reexamines how pension costs were related to defaults and bankruptcies at high-profile U.S. corporations in the airline, automotive and steel manufacturing industries.

Home-country bias in equity holdings has declined among pension plans globally.

A case heard in federal appeals court this week asks whether increasingly common pension risk transfer moves by large corporate plan sponsors are putting retirees at increased risk.