This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

SEI Quick Poll: Pension Sponsors Identify Controlling Volatility, Establishing Long-Term Strategies As Top Priorities For 2011

OAKS, Pa., Feb. 8, 2011 /PRNewswire/ -- An SEI (Nasdaq: SEIC) Quick Poll released today found that, for the second consecutive year, pension plan sponsors say their number one priority for the coming year is finding a way to control funded status volatility. Four out of five (84 percent) poll participants view this as a priority, with more than three-quarters (76 percent) identifying it as a "high priority," making it the highest ranked priority in the entire poll.

"Effectively addressing this year's priorities will be no easy task for pension plan sponsors. Pension management is a complex set of moving parts and the priorities identified in this poll are a sign that executives overseeing these plans are taking a more holistic view," said Jon Waite, Director, Investment Management Advice and Chief Actuary, SEI's Institutional Group. "We're seeing an encompassing high level priority of 'regaining control' and many plan sponsors are looking externally for expertise and new techniques to get this accomplished."

While controlling funded status volatility came in as the top priority, providing senior management with a long-term pension strategy took second, moving up one spot from last year, with more than three-quarters (76 percent) of participants listing this as a top priority.

The top 10 priorities are as follows:
  1. Controlling funded status volatility
  2. Providing senior management with long-term pension strategies
  3. Improving plan's funded status
  4. Conducting an asset-liability study
  5. Effectively managing duration moving forward
  6. Implementing a Liability-Driven Investing (LDI) approach using long-duration bonds
  7. Defining fiduciary responsibilities for trustees and investment consultants
  8. Changing funding policies and timelines
  9. Stress-testing the portfolio to gauge its ability to withstand extreme macroeconomic environments
  10. Implementing a plan design change, such as closing the plan to new entrants or freezing accruals in already closed plans

Defining fiduciary responsibilities for trustees and investment consultants moved up two spots from last year, with nearly two-thirds (64 percent) of participants listing this as a priority. Although ranking seventh, this move is notable, as it suggests that the Department of Labor's proposed regulations, which will likely include those providing investment advice to a defined benefit plan, are weighing on the minds of plan sponsors.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,057.40 +6.65 0.04%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,830.2610 +19.4730 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs