Retirement Update – February 2020

Retirement Update – February 2020

Monthly Retirement Update Retirement Update – February 2020 Key Takeaways: Discount rates for the typical pension plan fell 30 basis points in January. The FTSE Pension Discount Rate Index ended the month at all-time lows (2.8% for an average duration plan)....
Retirement Update – February 2020

Retirement Update – January 2020

Monthly Retirement Update Retirement Update – January 2020 Key Takeaways: Discount rates were quiet in December, ending the month up slightly from November, but still much, much lower than they were at the end of 2018.  Equity markets posted a solid month to...
Pension Plan Annuity Purchase Update – Q3 2019

Pension Plan Annuity Purchase Update – Q3 2019

Pension Plan Annuity Purchase Update Pension Plan Annuity Purchase Update – Q3 2019 Market Activity Source: LIMRA Secure Retirement Institute Total pension buyout sales surpassed $7.7 billion in the third quarter of 2019, an increase of 23% compared to the third...
Retirement Update – February 2020

Retirement Update – December 2019

Monthly Retirement Update Retirement Update – December 2019 Key Takeaways: Discount rates were little changed over the past month – again Equity returns continued to be strong, especially US equity Funding levels over the last two months have continued to...
Interest Rates – Where to From Here? 2019 Update

Interest Rates – Where to From Here? 2019 Update

Phil Gorgone In May of this year, we released our view on the current state of interest rates including the specific drivers that could affect rates through the end of 2019. Over the past seven months, a lot has happened with the various forces that have influenced...
New Mortality Tables Released – What it Means for Plan Sponsors

New Mortality Tables Released – What it Means for Plan Sponsors

Quick overview – what’s new The Society of Actuaries (SOA) published new mortality base tables and a new mortality improvement scale in late October. These new releases are likely to result in relatively small changes to plan sponsor income statements and balance...