topleft
topright

Login or Register


Red-Hot Thread

"The corporate brand is not only used to improve competitive positioning and express company aspirations, it can also be a powerful tool to motivate employees."

CFOZone Experts

Opinions and views from expert CFOZone members.

Tag >> BNY Mellon Pension Services
Jun 03
2011

Pension funded status slips

Posted by Stephen Taub in Riskpensionspension fundsCashCareers/ManagementBNY Mellon Pension ServicesBNY Mellon Asset Management

Stephen Taub

The funded status of pension funds slipped for the first time in nine months.

The funded status of the typical U.S. corporate pension plan in May fell 2.3 percentage points to 86.9 percent, according to monthly statistics published by BNY Mellon Asset Management. This also erased nearly half of the gains achieved since the beginning of the year.    

May 06
2011

Pension plans move closer to fully funded

Posted by Stephen Taub in Riskpensionspension fundsMercerCashCareers/ManagementBNY Mellon Pension ServicesBNY Mellon Asset Management

Stephen Taub
Corporate pension funds continue to become flusher thanks to the surging stock market.

The funded status of the typical U.S. corporate pension plan in April rose 0.7 percentage points to 89.2 percent, the eighth consecutive month of improvement, according to monthly statistics published by BNY Mellon Asset Management.    

The funding ratio for the typical corporate plan has improved 4.9 percentage points since the beginning of the year.

Mar 08
2011

Will stock market rally save pensions?

Posted by Stephen Taub in Riskpensionspension fundsDiscount rateCashCareers/ManagementBNY Mellon Pension ServicesBNY Mellon Asset Management401k

Stephen Taub

The surging stock market rally not only is repairing personal balance sheets and 401(k) accounts. It is also defusing the corporate pension crisis.

The funded status of the typical US corporate pension plan in February rose 0.4 percentage points to 88 percent, according to monthly statistics published by BNY Mellon Asset Management.    

Jan 05
2011

Pension funded status surges to 9-month high

Posted by Stephen Taub in pensionsinvestmentsinvestment grade bondsequitiesCashBNY Mellon Pension ServicesBNY Mellon Asset Management

Stephen Taub

The funded status of the typical US corporate pension plan stands at its best position since March 2010.

Thanks to the strong stock market performance in December, the average pension's funded status surged 3.8 percentage points in December, to 84.3 percent, according to BNY Mellon Asset Management.    

Dec 07
2010

Pension plan funding continues slow gains

Posted by Stephen Taub in pensionspension fundsPension Benefit Guaranty CorporationCashBNY Mellon Pension ServicesBNY Mellon Asset Management

Stephen Taub

Pension plans' funding status improved again last month as stocks and interest rates continued to climb.

The typical US corporate pension plan in November saw its status inch up to 80.5 percent from 80.3 percent the prior month, according to monthly statistics published by BNY Mellon Asset Management.    

Assets for the typical plan declined 0.4 percent. A slight gain of 0.6 percent in the US equity markets was offset by a drop of 4.8 percent in international stocks, according to the BNY Mellon.

Oct 07
2010

Pension funding level rebounds in September

Posted by Stephen Taub in Risk and CompliancepensionsCashBNY Mellon Pension Services

Stephen Taub

What a difference a strong stock market makes.

Thanks to the huge September surge in stock prices, the typical US corporate pension enjoyed its strongest one-month gain this year.

Sep 08
2010

Pension plan funding drops to four-year low

Posted by Stephen Taub in Riskpensionsdefined benefit plansCashBNY Mellon Pension Services

Stephen Taub

US corporate pension plans fell to their lowest funding level since BNY Mellon Asset Management began tracking this data in 2006.

The funded status of the typical defined benefit plan dropped 5.6 percentage points to 71.3 percent at the end of August.

Copyright © 2009-2014 CFOZone. All rights reserved. CFOZone is a property of PSN, Inc.