Corporate Plan Sponsor Flash Poll Survey Infographic NEPC Corporate Defined Benefit Team
FLASH POLL RESULTS:
Do you plan to change pension policies due to increased PBGC premiums on the recent budget act?
- Yes- 66%
- No- 34%
- 17% -Partial Risk Transfer
- 34% -No Change
- 32% -Higher Contributions
- 32% -Lump Sums
Respondents who are considering change:
- 45% -1 change
- 36% -2 changes
- 9% - 3+ changes
"PBCG premiums are climbing too high to ignore. The majority of plan sponsors are developing strategies to cushion the blow, by either seeking to opportunistically settle a portion of current liabilites or by making additional contributions."
-Brad Smith, Partner, CFA, CEBS
ABOUT THE SURVEY:
The NEPC Corporate Defined Benefit team surveyed clients and non-clients the week of Feb. 15, 2016. There were 41 respondents in the plan asset range of $25 million to $7.1 billion.
ABOUT NEPC, LLC:
NEPC, LLC is an independent, full service investment consulting firm, providing asset allocation, manager search, performance evaluation, and investment policy services. It works with institutional investment programs and high net worth clients on both an advisory and discretionary basis. NEPC serves approximately 346 retainer clients with $910 billion in assets under advisement. NEPC has offices in Atlanta, Boston, Charlotte, Chicago, Detroit, Las Vegas and San Francisco. Learn more at http://www.nepc.com/clients/corporate.
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