Plan sponsors often offer them without understanding the issues and risks.
Feel unable to take advantage of market conditions.
Whether elected or appointed, a pension trustee faces many demands soon after assuming the role. But while the load of a trustee is heavy, there are ways to lighten the burden. Here’s how.
Good governance leads to better outcomes for a pension plan. That’s a given. If the party responsible for administering a plan builds a system, constructs a thoughtful process and incorporates risk management principles into the structure, then it’s highly likely that the outcomes for the plan will improve.
Due to the dire financial situation of DB arrangements, more DB plan sponsors have started moving to DC over the last few years. For many, DC represents a minute portion of their pension arrangements, oftentimes limited to new hires, for instance. Many pension committees oversee these combined DB/DC schemes and aren’t sure how to manage the DC component.
2012 gun massacres prompt pension fund's move.
Reporting proces to be implemented globally by end of 2012.
Mercer has announced that it will include environmental, social and governance (ESG) in client reports related to manager searches and performance. Mercer assigns ESG ratings across investment styles, asset classes and geographies as part of its manager research process.
Invesco, Caisse make their positions known on Lowe's takeover.
Since its creation by the provincial government in 2006, the Nova Scotia Pension Agency (NSPA) (No. 21 in the 2012 Top 100 Pension Funds Report) has been guided by one key principle. “Our driving mantra has been to view our trustees as customers,” says Steven Wolff, CEO of the NSPA. “We’ve really tried to understand what their priorities and expectations are, and then to use that input to drive strategic improvements.”