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By the Numbers for May 2021

By the Numbers for May 2021 By the Numbers for May 2021   May 11 April 7 March 10 Monthly corporate funding ratio 2020 Russell 2000 13.6% MSCI EM 4.9% Global ex-U.S. fixed income 10.1% Global ex-U.S. fixed income 8.2% High Yield 9.40% High Yield Change in average asset allocation Change in average assumed rate of return Distribution of assumed rates of return Sources: P&I Research Center; NISA Investment Advisors; Bloomberg LP; company reports Recommended for You E-MAIL NEWSLETTERS Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver. Email Address Subscribe Today Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors. Subscribe

PP Monthly Digest: April 2021

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download Find whitepapers

By the Numbers for April 2021

By the Numbers for April 2021 By the Numbers for April 2021   April 7 March 25 March 10 Monthly corporate funding ratio 2020 Russell 2000 13.6% MSCI EM 4.9% Global ex-U.S. fixed income 10.1% Global ex-U.S. fixed income 8.2% High Yield 9.40% High Yield Cash Growth of record-keeping assets (in trillions unless otherwise noted) Recent record-keeper transactions Acquirer/JV partner 2/spun-off entity Date Ascensus and Empower Retirement Empower Retirement Principal Financial August 2018 Data are as of Sept. 30 except 2010, which is as of Dec. 31. Average of 2017 and 2015 data. Acquired only 25%. Sources: P&I Research Center; NISA Investment Advisors; Bloomberg LP Recommended for You E-MAIL NEWSLETTERS Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

Five stories you may have missed this week

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download Find whitepapers

ABI Pension & Assurance Scheme completes $36 million buy-in with Aviva

ABI Pension & Assurance Scheme completes $36 million buy-in with Aviva Getty Images Association of British Insurers Pension & Assurance Scheme, London, insured £26 million ($36 million) in liabilities through a buy-in with Aviva, confirmed a spokesman at Mercer, adviser on the deal. Aviva will insure the liabilities linked to 191 retired plan participants. The size of the plan and the value of liabilities covered by the deal were not available. We worked closely with the ABI and Mercer over the last 12 months to plan, and then take, this important step on our journey to further reduce the Scheme s risks, Philip Exact, chairman of the Association of British Insurers Pension & Assurance Scheme s trustees, said in a news release. Aviva was selected after a competitive tender process, he said.

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