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...
Retirement Update – May 2019

Retirement Update – May 2019

Retirement Update Key Takeaways: Discount rates rose slightly in April but are still down since year-end 2018. Equities rose in April led by the US and are up significantly since year-end 2018. The U.S. Fed shifted course after the late 2018 market downturn and...
Pension Plan Annuity Purchase Update – Q4 2018

Pension Plan Annuity Purchase Update – Q4 2018

Pension Plan Annuity Purchase Update Market ActivitySource: LIMRA Secure Retirement InstituteTotal pension buyout sales once again increased in 2018. Q4 sales totaled nearly $10.5 billion which brings total 2018 sales to $26.4 billion, compared to $23 billion in 2017....
Retirement Update – April 2019

Retirement Update – April 2019

Retirement Update Key Takeaways:Discount rates materially fell in March.Equities rose as a result of strong earnings results, the Federal Reserve’s views on rate hikes, and a growing confidence in a China/US trade agreement.Funded status likely decreased during...
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...