US Pension Fund Fitness Tracker: Funding Ratio Progress Slowed Down in First Quarter of 2014
The UBS Global Asset Management US Pension Fund Fitness Tracker saw the funding ratio of the typical corporate US pension plan drop by approximately four percentage points to 91% in the first quarter of 2014. “After a 17% funding ratio improvement in 2013, we believe that the 4% decline in the first quarter of 2014 should serve as a catalyst for plan sponsors to proactively protect their gains by adding to their hedging/de-risking program” said Robert Guzman, Head of [...]