NISA Perspectives

Executive Summary The Special Financial Assistance (SFA) provisions of Sec. 9704 of the American Rescue…

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Taxable insurance portfolios can enhance returns by employing the tax code’s preference for dividends. By…

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The retirement landscape is shifting, as the workforce grows older and increasingly relies on its…

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Plan sponsors may be disappointed if they expect to eliminate most of their pension risk…

We’ve witnessed a flurry of new guidance and regulations from both the Department of Treasury…

When de-risking with liability driven investing, pension plans must decide on the right blend of…

Recent annuity purchases highlight the need to examine what drives their pricing. Plan sponsor announcements…

DC participants want the most for their money when choosing a retirement income strategy. While…

DC plans can now offer deferred “longevity” annuities that provide income in the later years…

Since the 2008 financial crisis, the market has suggested a rapid rise in short-term rates…

Fixed income allocations in defined contribution plans, while perceived as low risk, may actually expose…

We have observed (with some bemusement) how the financial media often compares the yields on…

LDI hibernation strategies may present an opportunity to de-risk at a lower expected cost and…

Many pension plan sponsors and fiduciaries are confronting perhaps the most important decision in the…

Pension plans run the risk that actual beneficiary lifespans can exceed those assumed in their…

At first blush, MAP-21 would appear to make pension plan contributions less likely in the…

Pension de-risking need not be an all-or-nothing decision. In fact, plan fiduciaries may be surprised…

By simply de-risking their pension plan, companies can realize most of the benefits of annuity…

Reducing tax consequences in equity portfolios offers tangible benefits in the current tax environment. Three…

The recently-passed Moving Ahead for Progress in the 21st Century Act (“MAP-21”) provides temporary funding…

NISA’s proprietary Pension Surplus Risk Index (PSRX®) and supplemental data offer plan fiduciaries a means…

U.S. pension plan demand for long duration corporate bonds has been and is expected to…

Negative performance of risk assets, coupled with lower interest rates, has had the obvious effect…

Like any market, timing interest rates is challenging. This brief addresses one key, and often…

Pension plans have used Liability Driven Investment (LDI) strategies for years. In this brief we…

Interest rate markets have experienced pronounced volatility in recent years. Many pension liability hedge strategies…

Widening credit spreads increases focus on the suitability and attractiveness of corporate bonds as pension…