Corporate pension plans
News and video about Corporate pension plans from Pensions & Investments.
PBGC reaches settlement with Saint-Gobain to prevent pension plan takeover
trueThe PBGC has reached a settlement that will allow Saint-Gobain Containers Inc. to continue as the sponsor of its pension plan following threats by the agency to take possession of the plan.
Milliman: Corporate pension plan funding drops slightly in March
trueThe 100 largest U.S. corporate defined benefit plans saw their funding ratios drop slightly in March due to adjustments due to flat investment returns and a slight drop in discount rates, according to the latest Milliman 100 Pension Funding Index.
BP Pension Trustees CEO leaves
trueSally Bridgeland left as CEO of BP Pension Trustees, Ms. Bridgeland confirmed.
Wilshire: S&P 500 company pension plans' funding ratio jumps to nearly 90% in 2013
trueThe funding ratio of U.S. corporate defined benefit plans improved significantly in 2013 as a result of a strong global equity market and higher discount rates, according to an annual report from Wilshire Consulting.
Deloitte, Penbridge Advisors form pension risk transfer alliance
trueDeloitte and Penbridge Advisors announced on Tuesday a strategic alliance to provide pension risk transfer services for corporate defined benefit pension plans.
National Grid U.K. plan gradually moving to match future liabilities
trueThe National Grid U.K. Pension Scheme, London, is in derisking mode.
Moody's: Public pension plans lag corporate plans in managing credit risk
trueCredit risks related to pension liabilities will be a bigger problem for governments than for corporations for at least another decade, according to a new report from Moody's Investors Service.
Los Angeles needs Warren Buffett model for pension plans, panel says
trueLos Angeles should emulate Berkshire Hathaway Chairman Warren Buffett to curb a sixfold increase in city pension costs since 2003, a panel led by former U.S. Commerce Secretary Mickey Cantor recommended.
Towers Watson: No final salary pensions for new employees in FTSE 100
trueThere are no companies left in the FTSE 100 that offer a final salary pension fund as their primary retirement plan for new employees, according to research by consultant Towers Watson.
U.K. High Court rules IBM breached pension duties
trueInternational Business Machines Corp., Armonk, N.Y., breached its duties to U.K. pension fund participants in the way it implemented a restructuring of its arrangements, the High Court of Justice, Chancery Division has ruled.
Funded status volatility falls for second straight month
trueNISA Investment Advisors' Pension Surplus Risk index fell 40 basis points in March to 9.4%.
Asset owner performance analytics launched
trueThe Pensions & Investments Research Center now includes analytics for the performance of asset owners' investment portfolios. Asset owners in the data base are U.S. public plan sponsors, U.S. corporate plan sponsors, U.S. endowments, Canadian public plan sponsors and Australian superannuation ...
Mercer: S&P 1500 pension funding dips in March based on estimate adjustments
trueThe funding ratio of S&P 1500 companies with defined benefit pension plans fell two percentage points to 85% in March, according to a monthly report from Mercer.
Corporate pension plan funding ratio dips in first quarter — 2 reports
trueThe funding ratio of typical U.S. corporate defined benefit pension plans fell in both March and the first quarter overall, according to reports from BNY Mellon Investment Management and Legal & General Investment Management America.
Pension funds lose securities lending suit against Wells Fargo
trueWells Fargo & Co. did not breach its fiduciary duty when several pension funds lost money through the bank's securities lending program, a federal court judge in St. Paul, Minn., has ruled.