"Over the past few years, we've seen fewer pension plan sponsors closing their plans to new entrants or freezing the benefits for current participants," said Austin. "However, employers remain under increasing pressure to manage plan volatility and are planning both smaller actions and bolder moves to manage that risk."As a first step in their broader de-risking efforts, Aon Hewitt's survey showed employers are contemplating what different economic scenarios would mean to their plan. Half are likely or somewhat likely to conduct an asset-liability study in 2013, and 60 percent are somewhat or very likely to have their investments better match the characteristics of the plan's liability through approaches such as liability-driven investing.
Aon Hewitt Survey Reveals More Employers Plan To Offer Lump-Sum Pension Payouts In 2013
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