Corporate pension plans
News and video about Corporate pension plans from Pensions & Investments.
Milliman: 100 largest corporate plans see little funding movement in March
trueThe funded status of the 100 largest U.S. corporate defined benefit plans fell to 81% at the end of March, down 20 basis points from February, the Milliman 100 Pension Funding index showed Thursday.
Barnett Waddingham: Fewer than 20% of U.K. pension funds still open
trueOnly 19% of U.K. final-salary defined benefit plans with more than £1 billion ($1.5 billion) in assets remain open, said a report from consultant Barnett Waddingham.
Tesco charts funding plan to close growing pension plan deficit
trueTesco PLC, Cheshunt, England, has agreed to a funding plan with trustees of the company's defined benefit plan in an effort to plug a £3.9 billion ($5.8 billion) deficit.
Funded status hurt by longer lifespans, discount rate drop
trueThe average funding ratio of the 100 largest U.S. corporate defined benefit plans dropped 7.7 percentage points in 2014 to 85.8%, despite strong investment returns that averaged 9.2%, Pensions & Investments' annual analysis of corporate SEC filings shows.
Charting corporate funding status through the years
trueSee a series of graphs and charts showing the funded status of the top 100 corporate pension funds.
Wilshire: S&P 500 funded status plummets in 2014 despite strong returns
trueThe aggregate funded status for pension plans sponsored by S&P 500 companies fell 720 basis points to 82.5% in 2014 as liability growth outpaced assets, said an annual report from Wilshire Consulting.
Towers Watson: Funding of 100 largest corporate pension plans drops to 81% in 2014
trueThe funded status of the 100 largest U.S. corporate pension plans fell eight percentage points in 2014 to an aggregate 81%, said a report from Towers Watson.
U.K. pension funding deficit rises 17.7% in March
trueThe aggregate deficit of occupational pension funds covered by the U.K. Pension Protection Fund’s 7800 index increased 17.7% to £292.6 billion ($436.9 billion) in March.
Corporate funding ratios dip in first quarter — 2 reports
trueThe aggregate funded status of S&P 500 companies with defined benefit plans fell 120 basis points to 82% in the first quarter as liability growth outpaced assets, Aon Hewitt said.
Royal Dutch Shell's deal for BG Group to add $2 billion in retirement assets
trueRoyal Dutch Shell PLC’s proposed deal for BG Group PLC will create an entity with retirement assets of nearly $100 billion.
Mercer: FTSE 350 pension funding deficit rises 9.5% in March
trueThe total funding deficit of U.K. FTSE 350 companies’ pension funds increased 9.5% to £127 billion ($189.6 billion) in March, Mercer said.
Mercer: S&P 1500 DB funded status holds steady in March
trueThe aggregate funded status of defined benefit plans sponsored by S&P 1500 companies remained at 80% as of March 31, a Mercer report said.
FedEx pension coffers to grow with TNT acquisition
trueFedEx Corp., Memphis, will add more than $700 million in defined benefit plan assets as a result of the acquisition of TNT Express NV, Hoofddorp, Netherlands, announced Tuesday.
Funded status falls in first quarter for U.S. corporate DB plans — 2 reports
trueThe funded status of U.S. corporate defined benefit plans fell slightly in the first quarter of 2015, said reports from BNY Mellon and Legal & General Investment Management America.
Milliman: Lower discount rates, contributions sink corporate pension funding in 2014
trueThe funded status of the 100 largest U.S. corporate defined benefit plans fell to 81.7% at the end of 2014, down 6.1 percentage points from the end of 2013 as liabilities rose faster than assets, a Milliman report shows.