The volatility in financial markets has resulted in another bad year for companies' retirement plans, and the more than 330 finance executives who responded to Treasury & Risk's 2009 Retirement Survey seem to be taking a fairly downbeat view.
Although a few companies had made savvy moves with their plans before the crisis hit, the ailing economy is prompting many to freeze their pension plans and eliminate matches for 401(k)s.
Despite growing global uncertainty and instability, companies have yet to take the same formal and measured approach to political risk as they do to managing other exposures.