Clark and McDermed seek to document and explain the growth of private defined contribution plans; the enactment of federal legislation; and pension sponsor
motivation and pension design choice.
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.
Defined benefit (DB) pension sponsors
have been motivated to shift portfolio allocations, most notably de-risking through scaling back traditional equities, with a corresponding increase to lower-volatility fixed income.
and trustees would have to change scheme designs and operations.
The analysis of year-end corporate disclosures found that the pension deficit for the 100 largest pension sponsors
However, some think there are too few corporate pension sponsors
ready to make this trade-off.
16 November 2012 - The results of an annual global poll released by SEI ( NASDAQ : SEIC ) found that more than half (57 percent) of corporate pension sponsors
continue to use liability driven investing.
In these instances, the benefits of annuitization may outweigh the costs involved, especially for frozen pension sponsors
focused on exiting the pension liabilities efficiently," Dinunzio said.
In the past few years, pension sponsors
have been spending more time on overall pension strategy, rather than making changes to their plans, he says.
Global Banking News-24 November 2009-RBC survey indicates that DB pension sponsors
are worried about future(C)2009 ENPublishing - http://www.
uncovered disquieting information about the current funding status of pension plans ("U.