Retirement Update – March 2019

Retirement Update – March 2019

Retirement Update Key Takeaways: Discount rates were relatively stable. February was a quieter month for bond markets following prior volatility in both US Treasury yields and corporate bond yields. Equities rose as markets continued to look beyond recent concerns...
2018 Pension Plan Report Card – C+ Year

2018 Pension Plan Report Card – C+ Year

Last year was a so-so year at best for most plan sponsors. For most of the year things looked good but by the end of 2018 there were few things to celebrate. The good news was that interest rates were up year-over-year, but, in December, rates gave up some of the...
Retirement Update – February 2019

Retirement Update – February 2019

Retirement Update Key Takeaways: Discount rates continued with meaningful decline, nearly replicating the drop from December. Equities were on the rise, making up much of December’s loss. Fixed income/hedging assets were up as well. Funded status likely improved...
Pension Plan Annuity Purchase Update – Q3 2018

Pension Plan Annuity Purchase Update – Q3 2018

Pension Plan Annuity Purchase Update Market Activity Source: LIMRA Secure Retirement Institute Through the first three quarters of 2018, pension buy-out sales continue on a record-breaking pace. Q3 sales totaled $6.3 billion which brings year to date sales to $15.9...
Retirement Update – January 2019

Retirement Update – January 2019

Retirement Update Key Takeaways: Discount rates were down materially, but still up substantially since the beginning of the year. Equities were also down materially during December. Fixed income/hedging assets were up. Funded statuses likely were down significantly...
Retirement Update – December 2018

Retirement Update – December 2018

Retirement Update Key Takeaways: Discount rates were flat for the month, but still up materially since the beginning of the year. Investment returns were mostly up, however an up and down month for equities. Funded status should have remained neutral to slightly...