Despite around two-thirds (65 percent) of pension fund executives saying their funded status has improved over the past year, including 5 percent who say it has improved dramatically, almost three-quarters (74 percent) say they will or are likely to increase contributions this year according to a new survey from Ortec Finance.
The survey, which targeted senior pension fund executives in the United Kingdom, United States, the Netherlands, Canada and the Nordics, whose funds collectively manage $1.5 trillion in assets, also found that almost three-quarters (73 percent) will increase their budget for and focus on scenario modelling, asset-liability management, and stress testing over the next two years. That includes 20 percent planning to increase their budget for and focus on the issues dramatically.
About a third (32 percent) of those surveyed say the fund they work for is already very effective at scenario modeling and stress-testing. About two-thirds (66 percent) say
