De-risking has become a key feature of the pension landscape.  According to a recent survey of pension plan sponsors by Aon Hewitt (2011), 78% of U.S. respondents thought it was prudent to reduce risk as funded status improved, while 69% of U.K. respondents and 53% of all continental European respondents stated that their longer term objective was to take less or no risk in their plans.

Risky Business: Why Right-Risking, Rather than De-Risking, is Key for Pension Plans.