Defined benefit pension plans present unique challenges to businesses offering these retirement programs for their employees. The Pension Protection Act of 2006, accounting rules modifications, regulatory changes, declining interest rates, and increased capital market volatility have only served to exacerbate the magnitude of these challenges.
It seems as though every year plan sponsors are experiencing a new “perfect storm”… again! This, coupled with the amount of marketing energy promoting a host of pension “de-risking” strategies, serves to increase the complexity of decisions which business executives must contemplate to resolve their challenges.
PrimeTRUST Advisors, in cooperation with the Darla Moore School of Business at the University of South Carolina, is proud to announce the return of the Pension Management Forum this Fall in an effort to provide a venue targeted to business executives with the goal of providing straight-forward, idea-provoking content to address these challenges head-on.
The current economic and regulatory environment presents significant challenges to community bankers in managing their security portfolios and overall interest rate risk in the balance sheet. This conference provides a critique of current investment alternatives, examines the trade-offs between different funding alternatives, and describes strategies to enhance portfolio performance and aggregate interest rate risk management practices. It specifically addresses the implications of the recent regulatory guidance on interest rate risk and associated opportunities and responses. For more information, please contact us at 800.393.2362 or 803.777.2231.