97% of corporate defined benefit (DB) plans can achieve full funding without a significant draw on corporate cash. This is an increase from the 86% noted in last year’s report.

A few months ago, we published a paper called Institutional investor best practice by 2025. In this paper, we addressed how investors will need to fundamentally change how they approach capturing opportunities, mitigating risks and managing costs within their investment portfolios to set themselves up for success in 2025 and beyond.

Earlier this summer, the Fed raised interest rates -- another step in a trend that economists expect will continue through the end of the year at least. Advisors are also looking at cash as a way to highlight their role as fiduciaries.