In particular, the results suggest that, after the release of 2001 financial results (in May 2002 for most of the sample and November 2001 for the remainder), the shares of more than one-tenth of pension sponsors
were at least 20 percent overvalued, and that of the average pension sponsor
was about 10 percent overvalued.
Similarly, in my view, it's not enough for a pension sponsor
to pay a consultant five or 10 basis points to manage a GIC portfolio.
This rapid improvement in funded status has prompted a growing number of pension sponsors
to reassess their asset allocation strategies.
Global Banking News-24 November 2009-RBC survey indicates that DB pension sponsors
are worried about future(C)2009 ENPublishing - http://www.
An analysis in March by Watson Wyatt indicates that the aggregate funding of the loo largest pension sponsors
in the United States fell by $303 billion in 2008, a 30% decline from the prior year.
As all these considerations suggest, pension sponsors
have plenty to think about when they begin looking at investing from a total risk framework.
It takes as given that the government will always have an important role as standards setter, as monitor, and as the entity that mandates that pension sponsors
insure their pension obligations.
Market volatility and regulatory reforms have created significant new challenges for pension sponsors
over the past decade.
Unlike in prior market cycles, we ve seen many pension sponsors
take steps over the past year or two to prepare for the conditions we re seeing today.
For years, many pension sponsors
have used the same auditing firm for their numerous benefit plans around the world.
Mercer's Financial Strategy Group specializes in delivering strategic financial consulting advice to pension sponsors
, fiduciaries and managers.
4 Like many other pension sponsors
, you may be interested in diversifying into international equities, but your fund manager is worried about the country exposure and the currency risk.