14 04, 2015

Corporate Pension Funds Pile Into Bonds

2015-04-14T21:33:24-07:00April 14th, 2015|Categories: Pension Funding|Tags: , |

Corporate pension plans have become a force to be reckoned with in the bond markets. For the first time in more than a decade, large pension funds hold more bonds than stocks. Their increased appetite is fueling demand for highly rated debt issues, pushing up prices and driving down yields. That, in turn, could make it cheaper for companies to borrow money for years to come. The trend is being driven by finance executives who have grown increasingly conscious [...]

3 02, 2014

Corporate pension plans mark sad milestone

2014-02-04T23:22:26-08:00February 3rd, 2014|Categories: Defined Benefit Plans|Tags: , , , , |

Corporate America’s move away from defined benefit plans hit a dubious milestone: For the first time since Pensions & Investments began listing the largest U.S. retirement plans, not a single corporate name appears in the ranking of the 10 largest defined benefit plans. General Motors Co., Detroit, was the final company to make the top 10. But GM transferred $29 billion to a group annuity in the fourth quarter of 2012. As a result, its DB assets fell to $73.5 billion [...]

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