Tag: Defined benefit

The funded status of the typical U.S. corporate pension plan in November improved 2.1 percentage points to 93.9%.

Accounting for the source of funded ratio increases within defined benefit (DB) plans is critical for preventing imprudent fixed-income purchases, new research shows.

Two United States senators are calling on the U.S. Treasury to address nondiscrimination challenges facing employers that enact soft freezes on qualified defined benefit (DB) retirement plans.

The cost of purchasing pension annuities from insurers fell to 108.3% of liabilities during October, down from 108.9% to reach the smallest margin measured in 2013.

Horizons ETFs Management (USA) LLC launched the Horizons S&P Financial Select Sector Covered Call ETF.

A research paper examines the benefits of moving from a defined benefit (DB) plan to a defined contribution (DC) plan.

A federal appeals court ruled certain benefit enhancements adopted within a pension plan are protected accrued benefits under the Employee Retirement Income Security Act (ERISA).

A new research paper shows that the impact of using a mark-to-market accounting method for valuing pension liabilities will have a negligible effect on companies.

A federal district court in northern Indiana ruled a retirement plan sponsor must pay nearly $4,500 in penalties for failing to provide historical, plan-related documents.

The American Benefits Council wants to clarify possible misconceptions surrounding deficit information from the Pension Benefit Guaranty Corporation (PBGC).

The annual report of the Pension Benefit Guaranty Corporation (PBGC) puts the agency’s deficit at about $36 billion for the 2013 fiscal year.

The value for the Dietrich Pension Risk Transfer Index has increased since October.

Towers Watson has hired Edward Root as a senior pension risk transfer expert.

Defined benefit pension plans that are less funded invest more aggressively, according to an analysis by Towers Watson.

Participation in employer-sponsored retirement plans has been generally stable since 2011.

More U.S. companies are formalizing plans to de-risk their defined benefit (DB) plans.

Bank of America is moving its $19 billion defined contribution (DC) plan, currently with Fidelity, to the Merrill Lynch platform.

Lumesis’ DIVER Advisor software, a cloud-based platform, was added to LPL Financial’s suite for advisers.

The Pension Benefit Guaranty Corporation (PBGC) announced the yearly maximum guaranteed benefit for a 65-year-old retiree will increase next year to nearly $59,320 from about $57,500.

There has been much discussion about moving away from fixed income investments as a response to rising interest rates, but this may not be necessary, a study suggests.