Aon's Wealth Solutions’ Post

With a surplus of £45bn in their DB pension funds, more and more FTSE 350 companies are holding off on buyout plans to explore alternative options, The Financial Times reveals today. Based on our latest findings, the report outlines the various avenues employers can now pursue, including the funding of DC pension schemes 👉 https://lnkd.in/emyrKhC2 #pensions #ftse

Interesting read. In a time where so many folks are struggling with the idea of retirement, these legacy companies with legacy defined benefit plans are doing quite well. The authors however, only speak of the pension plans as a sort of balance sheet unicorn making the company attractive to potential suitors in M&A deals. H/T to Joe Adams for posting

A busy start to 2024?... perhaps something that continues with the wide range of opportunities and risks which sponsors and trustees might tackle over the year. Read our predictions for the year based on the key messages from our recent Pensions and Savings Conference. With lots on agendas already, prioritisation and decisions on schemes’ long-term strategy will be important to help piece this all together. #pensions #DefinedBenefit #DefinedContribution #Retirement

Strong equity returns boosted the funded status of corporate pensions according to Agilis: “Both the Fed and the markets are posturing for second-half 2024 interest rate cuts, meaning that now is the time for pension plan sponsors to give serious consideration to increase allocations to liability-matching assets to protect funded status gains realized over the last year,” says Chief Commercial Officer Michael Clark via PLANSPONSOR #retirementplanning #pensions #definedbenefit

This could work but would it? A great point made here 👇 that being able to take a slice of your pension pot to purchase a home would encourage people to start pension savings earlier in life. 💸 There's pros & cons to the idea but having a passion for both pensions & home ownership I kind of like it. 🏖 🏡 #pensions #homeowner #property

🧠 💡 Insightful piece today from Financial Times's Brooke Masters about the decline of traditional public #pensions in the US, the resurgence of #definedbenefit plans, and innovative "newish" solutions like market-based cash-balance plans. Mercer US's latest research highlighted in the article on the #DB funded status of the #S&P1500 and #CFO's views on reopening DB plans can be found below. 📣 Shout out to Matt McDaniel, Greg Gibby and Jonathan MacPherson! - S&P 1500 Pension Funded Status Increased 1 Percent in January (https://lnkd.in/gPhcRCat) - Defined Benefit CFO Survey (https://lnkd.in/gxCdn3NQ) #retirementplanning #retirementsavings #employeebenefits #hr #publicrelations #totalrewards #labormarket

The Social Market Foundation and Cushon report reveals strong public support for a pension pot for life. Of course there are challenges that need to be addressed and details ironed out but no real deal breakers. Read more: https://hubs.la/Q02vw5lb0 #pensions #smallpots #potforlife

Love a good prediction, and WTW have provided some great insight for 2024. As always, the pensions industry seems set for another year of balancing challenges against opportunities. Personally, I'm looking forward to developments around potential access to, and use of, surpluses, and the long-awaited (will-they, won't-they?) Funding Regulations. #pensions #DefinedBenefit #DefinedContribution #Retirement

For M&A deals in the UK, there's a wider range of options for DB pension schemes before, during and after the transaction https://lnkd.in/eAhgAZ7j #pensions #retirement #DefinedBenefit #MergersAndAcquisitions #WTWPerspective

Offering a separate pension to your executives allows them more flexibility and tailoring in areas such as investment choices and how they take benefits... #pensions #retirementplanning #financialadvice