End of the road for defined benefit plans? Not quite
While the vast majority of DB plans are frozen, plan sponsors are keeping all options on the table for participants.
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While the vast majority of DB plans are frozen, plan sponsors are keeping all options on the table for participants.
Expansive thinking can help teams move past duality thinking and be more creative with their solutions. Here are three tips for using the technique.
The NAB Leadership Foundation has also announced the 2021 graduates of the executive training course
Plans often do piecemeal deals, to reduce the chances of everything going down the tubes. A corporate pension risk transfer (PRT) in an innately risky undertaking. First are the risks of sitting tight and not doing a PRT. Such as: Will low interest rates continue and make the effort to meet liabilities harder? What if the stock market craters and stays low for a prolonged period? Can a plan meet its obligations in coming decades if the number of beneficiaries is unclear? But then there are the fresh risks of taking the leap and making a transfer. Like: Is bridging the gap to full funding, whi...