Retirement Update – July 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 – June 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...
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....