Will 2014 turn out to be a good year for pension stability? A good year for the growth of wealth through pensions? Maybe yes. Maybe no. In the end, it seems to come down to which lens you view the situation through. The economic lens or the political lens.

If a market observer were to take a look at the data that's been coming out in the past weeks, he or she would have every reason to be optimistic. There's been a slew of good news. One of our headlines read: Corporate pension plan funding ratio up 3 percent. Another proclaimed: Corporate pension plans' funded status highest since '07.

That's cause to exhale right there. The Fed proclaims 2014 the year of the taper. And just a week ago, an update announced that the funded status of country's largest pensions jumped 16 percentage points.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 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.