Retirement Update – September 2019

Retirement Update – September 2019

Retirement Update Key Takeaways: Unless a plan was significantly hedged, funded status almost certainly decreased during August as a result of the continual fall in discount rates and weakening equity markets Discount rates fell significantly in August (down about...
Retirement Update – September 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...
Retirement Update – September 2019

Retirement Update – July 2019

Retirement Update Key Takeaways: Discount rates continued to fall in June, while equity markets rebounded strongly. Discount rates fell around 20 basis points – again! Equity markets rallied close to 7% for the month! Overall, plans would have seen a modest...
Retirement Update – September 2019

Retirement Update – June 2019

Retirement Update Key Takeaways: May was the most challenging month for pension plans so far in 2019. Discount rates fell more than 20 basis points. Equities lost in excess of 5 percent. Almost all plan sponsors should see a notable drop in funded status unless they...
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...