In 2013, as rising stock prices increased asset values and rising interest rates lowered liabilities, the funded status improved substantially for pension plans from the nation’s largest companies. After analyzing the financials of the 418 Fortune 1000 companies that have a December fiscal year-end and sponsor a U.S. tax-qualified defined-benefit pension plan, Towers Watson estimates that the funded status of these plans, on average, was 93 percent at the end of last year. That’s up 16 percentage points from the 77 percent funding ratio a year earlier (see Figure 1, below).
Welcome, readers, to the new Treasury & Risk website. It houses the same best-in-class content that Treasury & Risk has always offered, but in…
“Owning virtual currencies is very risky and inherently speculative.”
Keeping up with the latest digital innovations has replaced economic conditions and regulatory changes as the biggest concern for global executives this year.
Sponsored by OANDA
Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.
Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.