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.
Insurance products and services offered through McGriff Insurance Services, Inc., a subsidiary of Truist Insurance Holdings, Inc., 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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