Last year was a great year for pension funds, no doubt about it. But is trouble looming?

First, there's the tapering of the Fed's bond buying program.

"The big unknown is the effect of the stimulus on the equity market," said Zorast Wadia, principal and consulting actuary for Milliman Inc. in New York. "A loss [in those markets] could offset gains" garnered from higher interest rates.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.