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 [...]