US - Statutory reporting requirements for private pension plans lack "key information" that could better assist federal agencies in identifying and tracking plans over time and monitoring multi-employer plans, a new report by the Government Accountability Office (GAO) has found.
Basic plan information and details including assets and liabilities, insurance and financial transactions is reported by private pension plans on the Form 5500. The information is used by the Depar...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
