The sharp rise in interest rates has increased the discount rate for U.S. pension plans, lowering plan liabilities and pushing most corporate defined benefit (DB) plans to fully funded status.
This historic shift has changed the goal for most corporate DB plan sponsors from maximizing investment returns relative to their liabilities to maintaining their newly healthy funding ratios and minimizing volatility.
This report includes data on plan funding ratios, plan sponsor challenges and investment priorities, and strategies that plan sponsors are using to diversify LDI manager rosters and otherwise prepare their plans for this new phase of pension plan management.
Download the paper to learn more.
