WTW’s Thinking Ahead Institute found that international unrest and an uncertain worldwide economic outlook hinder an otherwise growing global retirement effort.
Global Infrastructure Partners adds $100 billion in assets to the finance giant.
Finance veteran Scott Lupkas, on the job just 21 months, had been at Raytheon and the UAW.
Higher interest rates lowered liabilities, as average asset losses reach 21% for the fiscal year, a Russell Investments study shows.
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
A second straight year of double-digit growth boosted global pension asset values to $52.5 trillion.
Gains 0.88% after registering first loss in nearly three years during Q1.