About the Advisory
April 13, 2020
The market downturn following the COVID-19 outbreak has left many U.S. pension plan sponsors uneasy and unsure of the financial effect on their plans. Generally, with a precipitous drop in assets, various measures of a plan's funding health will decline, and plan costs will rise. McGriff breaks down the situation we're facing right now in this coronavirus advisory.
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Insurance products and services offered through McGriff Insurance Services, LLC, a subsidiary of Truist Insurance Holdings, LLC, are not a deposit, not FDIC insured, not guaranteed by a bank, not insured by any federal government agency and may go down in value.
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