US - Pension fund sponsors continue to view controlling funded status volatility as top priority for 2011.
A survey by SEI shows 84% of respondents believe this is the most important task for the second year in a row. This was followed by "providing senior management with long-term pension strategies".
"Pension management is a complex set of moving parts and the priorities identified in this poll are a sign that executives overseeing these plans are taking a more holistic view," said Jon Waite, director, investment management advice and chief actuary in SEI's institutional group.
"We're seeing an encompassing high level priority of 'regaining control' and many plan sponsors are looking externally for expertise and new techniques to get this accomplished."
The third priority was improving plans' funded status, followed by conducting an asset liability study and managing duration.
SEI surveyed 50 pension fund executive at schemes ranging from $250m to $10bn.
The Pensions Regulator (TPR) has set out plans to use "new regulatory initiatives" with over 1,000 schemes as it aims to tighten its regulatory grip and boost member outcomes.
HM Revenue and Customs (HMRC) has announced it is delaying the provision of data that will enable pension schemes to confirm the guaranteed minimum pension (GMP) benefits to pay to members until the end of the year.
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