Pensions Update: Your move

End Games, Transition and Communications

With equities markets falling and bond yields rising during Q1 of 2022 the fully funded status of many, particularly U.S. schemes, will have been eroded. Elsewhere, communication between plan sponsor and saver becomes crucial, as many DC members will be faced with savings decisions that could materially affect retirement outcomes.

U.S. Pension Market: Q1 2022 (Insight Investment)

For compliance reasons, this paper is only accessible in the United States

Insight Investment outlines some of the key trends in the U.S. pensions market, noting that most pensions should now be more than fully funded.

Nearing the Finish Line: Fully funded DB Plans (Wellington Management, 2022)

This paper from Wellington Management considers the options available for funds, many of which are now fully funded, as they approach their 'end games'.

U.S. Public Pension Quarterly Q1 (GSAM, 2022)

For compliance reasons, this paper is only accessible in the United States

GSAM notes that in a tough quarter for investors, both bond and equity values declined, which is likely to have eroded the funded status of many pension schemes.

Improving the Probability of a Good Retirement (Dimensional Fund Advisors, 2022)

With the rise in DC schemes as the default option, many pension investors around the world are being forced into making decisions about retirement that they have never faced before. Communication between plan sponsor and scheme member becomes key.

U.S. State Retirement Systems: Funding and asset allocations (Wilshire, 2022)

For compliance reasons, this paper is only accessible in the United States

Wilshire’s 2022 Report on State Retirement Systems reports the aggregate funded status and asset allocation of over 100 U.S. state-sponsored defined benefit retirement systems.

Communication in DC Pension Plans: An international perspective (Netspar, 2022)

As the Dutch pension scheme undergoes a major overhaul, transitioning from a Defined Benefit to Defined Contribution scheme, this paper looks at how the transition might be best communicated, using examples from several international schemes.

Costs and Past Performance of Insurance and Pension Products (EIOPA, 2022)

This Report looks at the costs and performance of both insurance and pension products across Europe, noting that the ideal of standardised costs per product still looks some way off.

Podcast: Superannuation at a tipping point (Investment Magazine, 2022)

For compliance reasons, this paper is only accessible in certain geographies

In this podcast hosted by Investment Week's editor, Matthew Smith, experts discuss the size, influence and concentration of the superannuation industry in both private and capital markets.

Why Niche Super Funds Are on the Rise (The Dubs, 2022)

This paper delves into the rising popularity of niche super funds amongst Australian savers and what role marketing and specific market segmentation has played in driving this growth.