Ryan ALM
Blog
More On January's Liability Growth
If you thought that January was bad for assets versus liabilities, just wait until you see what happened to funded ratios in February! We will have updated data in the next couple of days, and it won't be pretty!...
Focus On The Things That Matter
We have a tendency in our industry to get hyper focused on products and concepts that at the end of the day contribute little to the success of pension plans. As an example, one can't pick up a pension-related magazine...
It Is A False Narrative!
There appears an article on the CIO Magazine website, titled, "Multiemployer Pension Funding Reaches Pre-financial Crisis Levels" followed by "double-digit asset gains boost aggregate funded ratio to 85% in 2019." Wow, if only that were the case! The article, written...
Ryan ALM Pension Monitor
We are extremely pleased to announce that P&I has published the initial Ryan ALM Pension Monitor in the February 24th edition of Pensions & Investments (page 23). The Pension Monitor highlights assets versus liability performance for Corporate, Multiemployer, and Public...
Ryan ALM Alert - Is Now The Time?
Pension risk management I just had the opportunity to speak at the Opal/LATEC conference in New Orleans on the topic of pension risk management. For many plan sponsors and their consultants, “risk management” is focused on the asset side of...
Still In The Game?
Last July, American workers in failing multiemployer pension plans, also know as Critical and Declining (C&D) plans, got bi-partisan support from the House of Representatives when they approved H.R. 397. The bill went to the Senate at that time where...
Which One Is Reality?
Source: IRS, FTSE Pension Discount Curve Corporate America continues to use different discount rate methodologies to measure and fund their pension plan's liabilities. According to Russell Investments, the use of smoothing techniques (90%/110% corridor and 25 years) would create a...
Not All Boats Are Rising
I saw the above chart in a MarketWatch article and it really struck home. We are living during a period of nearly unprecedented gains for the U.S. stock market, yet many Americans are being left behind. According to MarketWatch, "the...
What Does Perpetual Really Mean?
Ryan ALM is a leading voice in the trying to rescue and preserve DB pension plans. We were established in June 2004 with the mission to try to preserve these incredibly important social and economic tools by focusing greater attention...
Buyer Beware - The Fees Matter!
As much of Pension America struggles to meet the promised benefits, significant work has been done to address the benefits through various tiers and changes to benefit formulas. There has also been a concerted effort to address the investment side...