Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Portfolio > Economy & Markets > Fixed Income

Survey: DB Plans Have Hope

X
Your article was successfully shared with the contacts you provided.

Many of the U.S. employers that sponsor defined benefit pension plans want to keep them going.

Consultants at Towers Perrin Forster & Crosby Inc., Stamford, Conn., have based that assessment on a survey of 439 finance executives with large U.S., U.K. and Canadian employers.

About 71% of the executives who participated said their companies want to keep the pension plans viable.

But 76% of the sponsors that are seeking to keep their plans going said they will be focusing more on reducing risk than on seeking additional investment returns.

About 40% of the U.S. participants said their companies would be “very likely” to reconsider pension plan sponsorship if pension accounting rules make income statements more volatile.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.