Page 29 - Milliman Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share this article Share this article SEATTLE, April 15, 2021 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. March was a great month for corporate pensions, with the funded status of plans improving by $62 billion, thanks to a 24-basis-point increase in the monthly discount rate, from February's 2.88% to 3.12% as of March 31. As a result, the funded status deficit for these plans dropped to $29 billion at month's end, compared to...

Share this article Share this article SEATTLE, April 7, 2021 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its 2021 Corporate Pension Funding Study (PFS), which analyzes the 100 largest U.S. corporate pension plans. This marks the 21 st consecutive year in which the report has been published. In 2020, despite a 67-basis-point decline in the discount rate, the funded ratio for the Milliman 100 plans climbed slightly, from 87.5% at fiscal year-end (FYE) 2019 to 88.4% at FYE 2020. The year-over-year improvement was the result of b...

Share this article SEATTLE, April 6, 2021 /PRNewswire/ -- Milliman, Inc., one of the premier global consulting and actuarial firms, today announced that its Long-Term Care Advanced Risk Analytics (LARA) group has formed a strategic alliance with The Helper Bees, a care concierge program, to offer an innovative long-term care (LTC) solution to payers and plan sponsors. Because of the time that elapses between LTC policy purchase and claims filed, LTCI carriers frequently know little about their in-force population. Combined with growing LTC costs, this lack of information can create strain f...

Milliman analysis: Competitive pricing rate for pension risk transfer costs drops to 99.3% in February PR Newswire SEATTLE, March 16, 2021 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the Pension Risk Transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer. During February, the average estimated cost to transfer retiree pension ri...

NTAM Increases Services for Minority Brokers Northern Trust Asset Management (NTAM) is increasing its trade execution services commitment to broker-dealers owned by minorities, women, veterans or people with disabilities. The execution target for its Minority Brokerage Program is increasing in March from 10% to 15% of equity security trading commissions in certain commingled funds. NTAM started its Minority Brokerage Program in 2007 and in 2018 instituted a 10% trading target for participating funds. “As one of the world’s largest investment managers, we founded the program over a decade ...