Corporate Pension Funding Status Hits New Post-Crisis HighMichelle Jones
The public pension crisis continues, but there is a bit of good news out of the corporate pension world. Funding status for corporate defined pension plans in the U.S. has jumped close to 95%, which is the highest percentage recorded since the global financial crisis.
Corporate tax cut helps restore pension funding
In a recent report, HSBC Credit Strategy Head Edward Marrinan and Fixed Income Strategist Shrey Singhal partially credit the Trump administration's Tax Cut and Jobs Act for . . .
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