Of the corporate pension plans surveyed by NEPC in September, 67% use liability-driven investments and of that total, 48% said they have hit triggers in their LDI glidepaths since January, allowing them to derisk further, according to NEPC’s 2021 Defined Benefit Trends Survey of 76 corporate pension plans with combined assets of $115 billion.Read More
Companies have been eager to shed the plans for several reasons. The simplest one is risk: A pension is a liability that sits on an employer’s balance sheet for a very long time, and it has to be paid even if business is slow and markets are down.Read More