In observance of the Christmas Day federal holiday, the New York Stock Exchange and Capital Group’s U.S. offices will close early on Tuesday, December 24 and will be closed on Wednesday, December 25. On December 24, the New York Stock Exchange (NYSE) will close at 1 p.m. (ET) and our service centers will close at 2 p.m. (ET)
In the latest edition of Retirement Plan Trends, we explore how defined contribution (DC) and defined benefit (DB) plans are changing to meet new challenges.
Source: Capital Group. Based on a survey of 49 institutional defined contribution plan sponsors, conducted by Escalent in late 2023. Plan sponsors were asked to choose their top three priorities over the next 12 months. Not all responses are included in the chart.*
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Defined contribution plan sponsors chose their top three priorities over the next 12 months. 67% said participant engagement. 41% said Secure 2.0 Act voluntary provisions. 37% said improving participant outcomes. 33% said review or add retirement income options. 24% said recordkeeper evaluation.18% said participant demographic analysis.
Funded status is a measure of the difference between the fair value of a plan’s assets and its benefit obligation.
Liability-driven investing (LDI) is an approach that focuses the investment policy and asset allocation decisions on matching a pension plan’s current and future liabilities.