“But with all this focus on avoiding equity catastrophes, a much more subtle threat to DB funding positions has flown unnoticed beneath the radar—quality spread risk within fixed income holdings.”
Benefits Think Growing bond spreads put defined benefit plans at risk
By
Mike Clark
Published
5 Min Read
Mike Clark
Consulting Actuary
Clark is a consulting actuary at Principal. He is a fellow of the Society of Actuaries (SOA) and a member of the American Academy of Actuaries (AAA), the latter of which has significantly … Read full bio
