New York (5/9/16) — During the first quarter of 2016, the funded status of the model pension plan examined in Sibson Consulting and Segal Rogerscasey’s publication, Prism, decreased by 4 percentage points: from 83 percent to 79 percent. This decrease was the result of a 3 percent asset increase and a 9 percent liability increase during the quarter. Investment performance improved for global bonds but fell slightly for global equities.
“As retirement plan sponsors look toward the remainder of 2016 and the continued volatility we see in the market, this might be an appropriate time to examine their plan’s risk-mitigation strategy,” commented Stewart Lawrence, National Retirement Practice Leader at Sibson.
To speak with Mr. Lawrence about the findings of this report, and how it may inform plan sponsors’ investment decisions, contact Todd Kohlhepp.
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Sibson Consulting (www.sibson.com), a member of The Segal Group, provides strategic human resources solutions to corporate and non-profit employers and professional service firms. Sibson's services include benefits, compensation, talent and performance management, communications, sales force effectiveness and change management.