NO.PZ2022122701000024
问题如下：
Tolmach reviews the entire Plan’s characteristics, asset allocation,
and benchmark. Tolmach observes that the Plan’s benefits are no longer indexed
to inflation and that the workforce is, on average, younger than it was when the
current fund allocations were approved. Tolmach recommends a change in the
Plan’s asset allocation policy. Based on the final section of Tolmach’s report,
the Plan should use:
选项：
A.
a liability-based benchmark.
B.
an absolute return benchmark.
C.
a manager universe benchmark.
解释：
Correct Answer: A
Based on the Plan’s type
(defined benefit) and its characteristics as detailed in the final section of
Tolmach’s report, a liability-based benchmark is most appropriate.
Liability-based benchmarks are used most frequently when assets are required to
pay a specific future liability, as in a defined benefit pension plan.
怎么看出来是DB plan
