PBGC Methods: Think Before You Switch

PBGC Methods: Think Before You Switch

Pension plan sponsors have less than eight weeks to re-visit a 2019 cost-reduction decision that could end up coming back to bite them in 2020. PBGC premiums for 2019 are coming due soon, and there are two options to determine the interest rate used when calculating a...
Retirement Update – August 2019

Retirement Update – August 2019

Retirement Update Key Takeaways: Discount rates were down slightly in July US Equities posted modest returns, with small losses on international stocks All else equal, July was a quiet month for pensions, with little expected movement in most plans’ funded status...
Data: Not an Infinite Problem; there is an Endgame

Data: Not an Infinite Problem; there is an Endgame

If the recent glut of superhero movies has taught us anything, it is that with great power comes great responsibility. Most pension plan fiduciaries tend to focus their responsibilities on plan assets. They exercise their power by monitoring asset performance,...
Pension Plan Annuity Purchase Update – Q1 2019

Pension Plan Annuity Purchase Update – Q1 2019

Pension Plan Annuity Purchase Update Market ActivitySource: LIMRA Secure Retirement InstituteFollowing the record-breaking $26.3 billion in 2018, total pension buyout sales eclipsed $4.7 billion in Q1 2019, an increase of 240% compared to Q1 2018. Sales were driven by...
Interest Rates – Where to From Here?

Interest Rates – Where to From Here?

Understanding the dynamics that drive interest rates is critical to understanding the level of current rates, why they have changed in the past, and how they might change in the future. This understanding allows investors and pension sponsors to make informed...