Despite around two-thirds (65 percent) of pension fund executives saying their funded status has improved during 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 modeling, asset-liability management and stress-testing during the next two years. That includes 20 percent planning to increase their budget for and focus on the issues dramatically.
About one 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
