NEPC’s Brad Smith was quoted in a recent FIN News article to discuss concerns of plan sponsors found through our 2022 DB Flash Poll. View the article on FIN News’ site here.
Corporate and healthcare pension plan sponsors agree that combating inflation and rising interest rates are among the biggest risks to markets over the next year, according to NEPC’s latest survey.
The investment consultant’s 2022 DB Trends Flash Poll reveals the biggest risks to markets over the next 12 months in addition to how plan sponsors are assessing their glidepaths and managing allocations against the backdrop of this year’s heightened market volatility.
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“It’s been nearly a decade since plan sponsors have had to keep factors like rapid inflation and rising rates in mind when rebalancing or determining their asset allocation strategies,” said NEPC Corporate Defined Benefit and Defined Contribution consultant Bradley Smith, in a statement.
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“With rising concerns about how corporate profits will likely impact the market in the year ahead, our priority right now is helping ensure that our pension and defined contribution clients are well equipped to mitigate risk and have a clear plan of action in 2023 and beyond,” Smith continued.