Man holding nest with golden egg The financial sector had an overall pension funded status of 95.2 percent, and other industries declined from there, but one particular industry had the lowest funded status. (Photo: Getty)

The funded status of corporate pension plans decreased slightly in the first quarter of 2018, according to investment management firm Barrow, Hanley, Mewhinney & Strauss.

In its latest corporate pension funded status report, the firm finds that average funded ratios fell slightly to 86.7 percent as of March 31, 2018, from 87.1 percent as of December 31, 2017.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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