MetLife’s U.S. Pension Risk Behavior Index has reached the highest value it has ever recorded.
The Index, which was started five years ago, reached 87 this year. Essentially, the index reflects what plan managers think about the risks facing their defined benefit pension plans and how successfully they believe they are managing those risks.
The study looked at 126 large corporate plan sponsors and measured their aptitude and attitudes about managing 18 investment, liability and business risks. It found that many of the largest DB plan sponsors are attempting to reduce, mitigate or transfer the risk affecting their plans.