Standard & Poor's 500 companies' aggregate U.S. and non-U.S.
pension deficit and average funded status showed signs of optimism last
year -- as of December 31, the average funded status increased to 84%,
up from
78% a year earlier.
With a combined $2.35 trillion in assets for pensions,
health care and non-pension retirement programs for current and retired
workers, the report shows states need $1 trillion to match their
liabilities.
Following the financial crisis with corporate
pension plans looking
to minimize risk, SEI’s poll shows that other
focus areas include stress testing portfolio, evaluating investment
approach and defining fiduciary roles.
A new report shows that nearly half of money managers surveyed do not consider climate risks in their investment decisions, considering them financially irrelevant.
