Original Webcast date: June 10, 2008

Over the last decade, the funded status of defined benefit pension plans has steadily decreased. The Pension Protection Act (PPA) has eliminated many of the smoothing mechanisms within the funding rules, creating greater volatility of funding requirements going forward. The U.S. Financial Accounting Standards Board (FASB) requires companies to recognize their unfunded pension obligations directly on their balance sheets rather than in a financial footnote. The pressure to better manage the funding gap of pension funds is escalating.

Our Webcast titled "Managing Risk from Both Sides: Liability-Driven Investment (LDI) Strategies" features Hewitt investment consultants Phil Kivarkis and Bryan Ward, along with Rene Martel, VP and Product Manager for Liability-Driven Investments, PIMCO. These experts discuss how liability-driven investment (LDI) strategies are designed to help manage pension fund assets and liabilities to reduce annual cost and balance sheet volatility.

Click here to access this recorded webcast.