The NISA Pension Surplus Risk index fell in July by 0.6 percentage points to 6.9%. The average plan funded status also went down from 84.4% in June to 84% in July. July’s drop in average funded status followed two consecutive months of improvement. But this was due to discount rate declines that outpaced equity returns. A closer look at how July compared to June Despite the fact that the volatility Read More….