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BlackRock study shows shift from growth to preservation as gaps persist across plans US corporate pension plans are entering a new phase of financial strength, with average funding levels reaching their highest point since the global financial crisis, according to BlackRock’s latest Corporate Pension Peer Study. But beneath the headline improvement, the report points to widening differences in outcomes and a fundamental shift in how sponsors are managing risk. The study, which analyzes more than 500 defined benefit plans and closely examines the 200 largest, found the average funded ratio...