Median US corporate scheme returns surge

clock

US - The median pension fund for S&P 500 companies returned 16.2% in 2009, the highest level in five years, according to data by Wilshire Consulting.

The 2009 returns mark a sharp turnaround from the -27.4% loss in 2008. The median return in 2007 was 8.2%, 11.2% in 2006, 8.5% in 2005 and 10.8% in 2004. Meanwhile, the media discount rate used to ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

SPP: DB funding code will create clarity between funding, covenant and investment

SPP: DB funding code will create clarity between funding, covenant and investment

Survey finds 25% say code will establish ‘clearer TPR expectations’ for risk management

Martin Richmond
clock 14 November 2024 • 1 min read
DB surpluses hit record £208bn in October, XPS finds

DB surpluses hit record £208bn in October, XPS finds

Surpluses up from £187bn in September due long-term gilt yield rise and drop in liabilities

Holly Roach
clock 13 November 2024 • 1 min read
TPR's DB funding code comes into force

TPR's DB funding code comes into force

DB schemes with actuarial valuation dates on or after 22 September should use the code

Holly Roach
clock 12 November 2024 • 2 min read
Trustpilot