29 05, 2015

Despite Record-high 401(k) Plan Balances, Few Workers Are Actively Managing Their Portfolios

2015-05-29T18:44:27-07:00May 29th, 2015|Categories: 401(k)|Tags: , |

While 401(k) plan balances and participation are at record-highs, a new survey from Aon Hewitt, the global talent, retirement and health solutions business of Aon plc, reveals that few U.S. workers are actively managing their 401(k) portfolios, leaving opportunity for workers to be more proactively involved in their accounts and improve long-term savings. According to Aon Hewitt’s analysis of 138 defined contribution (DC) plans, representing 3.5 million eligible workers, participation in 401(k) plans reached 79 percent at the end [...]

31 03, 2015

Aon Hewitt: Canadian pension plans continue to see funding declines

2015-03-31T21:54:56-07:00March 31st, 2015|Categories: Pension Funding|Tags: , , |

The median funded status of Canadian defined benefit plans administered by Aon Hewitt was 89% as of Tuesday, down 1.6 percentage points from the end of 2014 and the first time the level fell below 90% since September 2013. The first three months of 2015 marked the third consecutive quarter with a decline. Also, it follows a year that was the first with an annual drop in funded status among Canadian public and private DB plans since 2011.  […]

31 03, 2014

More Canadian pension plans on stronger footing, survey finds

2014-03-31T20:38:52-07:00March 31st, 2014|Categories: Defined Benefit Plans|Tags: , , , |

More than one-third of Canadian pension plans have erased their deficits and are now operating with a surplus as they benefit from higher long-term interest rates and stronger equity markets. An analysis of 275 pension plans by pension consulting firm Aon Hewitt shows the average plan is now 95.4 per cent funded as of March 27, an increase from 93 per cent at the end of 2013. A year ago, as of March 31, 2013, pension plans had average [...]

29 01, 2014

Aon Hewitt Survey Finds More Pension Plan Sponsors Revising Investment Policy to Effectively Manage Risk

2014-01-29T21:14:06-08:00January 29th, 2014|Categories: 401(k), Defined Benefit Plans|Tags: , , |

A new survey by Aon Hewitt, the global talent, retirement and health solutions business of Aon plc, finds companies, in an effort to decrease pension risk exposure and insulate their plans from fluctuating economic conditions, are increasingly rethinking their investment strategies by realigning their plan assets to match the plan’s liabilities. According to Aon Hewitt’s survey of more than 220 U.S. companies with defined benefit plans representing 5.8 million workers, 62 percent of pension plan sponsors are somewhat or [...]

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