
Pensions
Funding Status of Pensions Increases Marginally Despite Equity Market Downturn
Concluding the September pension watch, two consultants monitored that funding ratios in U.S. plans had eclipsed over 100% funded.
A 2020 accounting error had prompted the investigation that lasted for more than a year.
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.
Legal action could influence whether the European Commission approves the $30 billion acquisition.
The transaction will form the biggest insurance broker in the world.
Level rises to 85.8% for corporate plan funding, Aon says.
Falling bond yields prove too much for robust asset gains.