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Pension Review "First Take" 2021: Hold on Tight

In its 20th year, the Pension Review “First Take” by Goldman Sachs Asset Management analyzes the 50 companies in the S&P 500 with the largest US Defined Benefit (DB) plans based on asset values. The publication is designed to provide initial impressions on the issues and factors impacting corporate DB plan sponsors.

2022 US Corporate Pension Review and Preview

2021 may be remembered as the year in which corporate defined benefit plans finally broke through. While the rise in funded status was certainly a welcome outcome, the path forward for plan sponsors may not be as easy. There is uncertainty related to inflation, interest rate volatility has increased, credit spreads are at historically tight levels and US equity markets are closing in on record highs. This is our recap of the last 12 months and a look forward at the themes that we believe will be relevant for plan sponsors in 2022.

2021 Annuity Industry Survey

The inaugural Goldman Sachs Asset Management Annuity Industry Survey, Carrying the Torch, incorporates the views of over 100 responses from 25 insurance companies representing over $1 trillion in variable annuity net assets.

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