Rising Discount Rates Continue Pension Funding Improvement
U.S. corporate pension plans see their funded status continue rising in January, consulting firms and trackers show.
Source: plansponsor.com
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Professional Pensions: Stories of the week
This week’s top stories include the government’s auto-enrolment review, an increase to the Pensions and Lifetime Savings Association’s Retirement Living Standards, and the launch of Capita Pension Solutions’ CP360.
Source: professionalpensions.com
Capita Pension Solutions launches full-service offering for DB schemes
Capita Pension Solutions has announced the launch of CP360 – a full-service offering that integrates actuarial, investment, administration, and member services.
Source: professionalpensions.com
Prudential Announces Chief Financial Officer Transition
Prudential Financial, Inc. announced today that Yanela Frias, president of Group Insurance, has been appointed executive vice president and CFO, effective March 15, 2024, succeeding Ken Tanji. Frias...
Source: marketscreener.com
US Corporate Pension Plans Ended 2023 at Record Funding Levels
A December stock rally outpaced the bond sell-off, improving funding in most pension measures.
Source: ai-cio.com