Retirement Update – November 2020

Retirement Update – November 2020

Monthly Retirement Update Retirement Update – November 2020 Key Takeaways: Global stock markets started the month strong but took a turn for the worse in the last week of the month and ended down 2% – 3% Pension discount rates were up about 0.10%-0.15%...
Retirement Update – October 2020

Retirement Update – October 2020

Monthly Retirement Update Retirement Update – October 2020 Key Takeaways: The US stock market hit an all-time high on September 2nd but reversed course and declined close to 4% by month end. Pension discount rates were little changed from the previous month....
Pension Plan Glidepath: An Investment Opportunity

Pension Plan Glidepath: An Investment Opportunity

Pension Plan Glidepath: An Investment Opportunity Many frozen pension plan sponsors have established “glidepaths” to manage the allocation of assets between growth assets (typically equity) and hedging assets (typically fixed income). These glidepaths are designed to...
Retirement Update – September 2020

Retirement Update – September 2020

Monthly Retirement Update Retirement Update – September 2020 Key Takeaways: The US stock market had its best August since 1986, with the S&P500 hitting new all-time highs led by technology stocks Pension interest rates increased as well offsetting the...
Retirement Update – August 2020

Retirement Update – August 2020

Monthly Retirement Update Retirement Update – August 2020 Key Takeaways: Pension interest rates tumbled another 0.40%, bringing the year-to-date decline to almost a full 1.00%. With the continued decrease in discount rates, liabilities for most plans will have...
Retirement Update – July 2020

Retirement Update – July 2020

Monthly Retirement Update Retirement Update – July 2020 Key Takeaways: Discount rates were down slightly in June, with the average plan’s rate down ~0.10%. This will translate into pension liability increases of 0.7% – 1.5%. Equity returns continued their...