Overview

Retirement plan sponsors are responsible for the ongoing financial management of their pension plans, which requires them to establish, monitor, and periodically reconfirm investment, funding, and benefit strategies. These strategies need to address not only adequate plan funding but also another, conflicting pressure: cash flow and expense management for the rest of the organization. Moreover, plan sponsors must carry out their responsibilities against a backdrop of evolving regulatory and financial constraints, which have forced them to adopt additional planning horizons.