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: Institutional Shareholder Services -- Corporate Governance BlogRiskMetrics Group to Host June 2 Webcast on Pension & Post-Retirement Plans Under PressureSubmitted by: Stephanie O'Neil, Marketing
In 2007, many companies? pension and postretirement expenses benefited from a combination of rising interest rates and strong equity market returns in the years prior to 2007. In late 2007, this beneficial environment changed rapidly, affecting these expenses, as equity markets suffered and the Federal Reserve began aggressively cutting interest rates.
RiskMetrics Group will host a webcast with analyst Dan Mahoney on June 2, at 10:00 am that will cover why the rapid market environment changes raise our concern that the lower pension and post-retirement expenses enjoyed by companies in 2007 may not be sustainable. During the forum, he will discuss the trends in pension and post-retirement expenses, and the affect such expenses have on mid- to large-cap companies traded on the major exchanges in the U.S.
To register for this webcast, please visit here.
Full post as published by Institutional Shareholder Services -- Corporate Governance Blog on May 30, 2008 (boomark / email).
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