Fidelity's Lawton: DB Plans Showing Signs of Improvement

Lewis, Jakema
December 2005
Investment Management Weekly;12/5/2005, Vol. 18 Issue 46, p6
The article reports on research conducted by Fidelity Management Trust Co. on the state of defined benefit plans in the U.S. over the period 2002-2004. Fidelity CEO Drew Lawton offered a statement on the improvement of defined benefit plans. The study showed a decline in the number of underfunded corporate plans. The U.S. Senate has approved legislation to reduce underfunding.


Related Articles

  • Pension funding rule overhaul likely. Moon, Susanna // Employee Benefit News;7/1/2005, Vol. 19 Issue 9, p1 

    Reports on the influence of pension under-funding on the move of lawmakers and regulators to propose the revision of pension funding rules in the U.S. Need for the Congress to strengthen the defined benefit pension system; Proposed changes to funding rules; Example case that indicates the need...

  • Benefit pros call PBGC underfunded list `gimmick.' Brostoff, Steven // National Underwriter / Property & Casualty Risk & Benefits Manag;01/06/97, Vol. 101 Issue 1, p9 

    Reports that benefit professionals in Washington are criticizing a list of the top 50 underfunded pension plans, which was released by the Pension Benefit Guaranty Association. Gimmick to scare retirees; Misleading look at retirement security.

  • Pension regulators vowing tide change. Veysey, Sarah // Business Insurance;10/28/2002, Vol. 36 Issue 43, p33 

    Reports that the British pensions ministry has promised government action to address a legal loophole that allows solvent employers to close occupational pension plans even if those plans are underfunded. Danish shipping company Maersk & Co.'s decision to terminate its British defined benefit...

  • Ask a benefit actuary. Miner, William J.; Sherman, Richard E. // Business Insurance;5/6/96, Vol. 30 Issue 19, p40 

    Presents a question and answer segment about pension plans. Query about an underfunded pension plan at Pension Benefit Guaranty Corporation; Description of an underfunded pension plan; Determination of an underfunded pension plan; Reference to Watson Wyatt Worldwide 1995 Survey; Reasons for...

  • Withdrawal liability: Why employers can’t sue trustees. McMurdy, Keith R. // Ebn.benefitsnews.com;8/28/2014, p1 

    The article highlights the lawsuit DiGeronimo Aggregates, LLC v. Zelma that shows the inability of employers to sue the pension fund or the trustees of multiemployer defined benefit pension plan for causing unfunded liability.

  • Fidelity launches employee benefits outsourcing facility. Friedman, Amy S. // National Underwriter / Life & Health Financial Services;4/10/95, Vol. 99 Issue 15, p3 

    Reports that Fidelity Investments is launching Fidelity Benefits Center, an administration and information service for all portions of an employee benefit program. Expansion to serve defined benefit and health and welfare plans.

  • Survey: Many in DB plans are clueless about it. KOZLOWSKI, ROB // Pensions & Investments;8/8/2011, Vol. 39 Issue 16, p8 

    The article offers information on the survey conducted by the company Fidelity Investments, which revealed that majority of corporate defined benefit (DB) pension plan holders in U.S. have no knowledge about the working of their pension plans.

  • PPF evaluating Heath's underfunded plans. Veysey, Sarah // Business Insurance;7/4/2005, Vol. 39 Issue 27, p29 

    Reports on the validation to enter the underfunded pension plans of Health Lambert Group to the assessment period of the Pension Protection Fund (PPF) in London, England in 2005. Concern regarding the entrance of the underfunded funds in the assessment period; Deficit incurred by the company...

  • Impact widens PBGC plan data proposal. Geisel, Jerry // Business Insurance;8/21/95, Vol. 29 Issue 34, p1 

    Reports on a proposed federal regulation by the Pension Benefit Guaranty Corp. that would require employers with underfunded pension plans to disclose certain actuarial and financial information. Expected increase in actuarial expenses; Groups of employers targeted; Reason that more employers...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics