Skip to main content
Article | Global Pension Finance Watch

Global Pension Finance Watch: Second quarter 2019


July 29, 2019

The U.K. pension index experienced a 1.2% increase over the second quarter, being the only global index to have a positive result.

Declining discount rates drove the liability value up in all regions. The negative impact was partially offset by favorable investment returns in the second quarter. The overall impact of these changes resulted in negative pension index returns over the second quarter in all global regions with the exception of the U.K.

About this report

Global Pension Finance Watch, published quarterly, reviews how capital market performance affects defined benefit pension plan financing in major retirement markets worldwide, with a focus on linked asset/liability results. We cover defined benefit pension plans in Brazil, Canada, the Eurozone, Japan, Switzerland, the U.K. and the U.S. Specific plan results will vary based on such factors as liability characteristics, contribution policy, portfolio composition and management strategy.

The impact of capital markets on these pension plans is twofold:

  • Investment performance on fund assets
  • Changes in economic assumptions on plan liabilities
  • (as measured under international accounting standards)


Title File Type File Size
Global Pension Finance Watch: Second quarter 2019 PDF .5 MB
Contact Us