NEPC’s own Scott Perry was recently featured in a portion of Pensions & Investments OCIO Special Report, this time featuring his commentary on IBM. View the article on the Pensions & Investments site here.
Outsourced CIOs reporting a growing number of pension risk transfers by defined benefit clients they’ve guided to full funding could be forgiven for looking at the DB portion of their businesses as a wasting asset.
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IBM’s example has “caught the eye of other pension plan decision-makers,” agreed Scott Perry, a partner and head of portfolio strategy with Boston-based consultant and investment house NEPC, leaving some considering a different way forward now that could shift the balance between DC and DB “a bit.”
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That desire to attract and retain employees — effectively the “original intent” of offering pension plans in the first place — is once again boosting corporate plan sponsor interest in retaining their pension plans, agreed NEPC’s Perry.
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