2022-05-10-WTW-全球养老金金融观察_2022年第一季度（英）_13页_310kb

Global Pension Finance Watch Q1 2022 reported significant volatility due to rising global discount rates, poor asset performance, and continued inflation. The first quarter saw positive pension index returns across all regions, driven mainly by liability gains from higher discount rates, with asset returns being negative for most regions except Brazil. Inflation impacted countries like the UK, where pension increases tied to inflation affected liabilities. Specific regional data included Canada's strong liability decrease, Japan's minimal inflation affect, and the US's large liability reduction, though asset performance was mixed. WTW emphasized daily monitoring of funded status for effective risk management and decision-making support, highlighting the importance of asset/liability alignment and early intervention. Overall, capital markets' effects stemmed from investment returns and changes in discount rates under international accounting standards.