Chinese equities have suffered very sharp declines in recent weeks. The rapid collapse was preceded by an equally impressive rally which saw prices doubling since November 2014, when the PBoC reduced interest rates in an attempt to revive its flagging economy.
Mercer's Market Environment Report provides a detailed review of the impact of current economic conditions and trends on the value of a wide range of assets.
Mercer is proud to present our bi-annual survey of senior finance executives with CFO Research. In the two years since our 2013 survey we have seen a commitment on the part of plan sponsors to manage risk and mitigate funded status volatility.
Plan sponsors need to continue to improve their governance policies to meet the higher level of regulatory standards of the 403(b) plan landscape.