In 2012, there was an unprecedented amount of various settlement activities. In 2013, many pension plans' financial positions benefited from a rise in interest rates and improved equity market performance. So now that many defined benefit (DB) plans have experienced an improvement in their funding levels, what comes next?
Towers Watson, in cooperation with Institutional Investor Forums, conducted a survey of U.S. pension risk management practices. The results offer perspective on what organizations are doing now and what may be next for U.S. DB plan sponsors.