Independent investment advisory Rocaton Investment Advisors is partnering with Penbridge Advisors, a specialist pension information and advisory services firm, to provide corporate sponsors of U.S. defined benefit plans (DB) with “comprehensive analysis and advice for pension risk management, liability-driven investing and pension risk transfer (PRT).”
Rocaton has also agreed to license annuity buy-out data from Penbridge, which Rocaton will use to monitor the annuity buyout marketplace and incorporate into clients’ pension risk management initiatives, including custom de-risking glide paths.
Robin Pellish, CEO and co-founder of Rocaton Investment Advisors, says the partnership will “ensure that we provide superior advice and service … Our alliance with Penbridge positions Rocaton to provide a wider array of pension risk management solutions to best serve the evolving needs of our clients.”
According to Steve Keating, co-founder and principal of Penbridge Advisors, the firm looks forward to working with Rocaton to “bring together the areas of specialty needed to achieve the objectives of DB plan sponsors.” Keating predicts the new coordinated approach will “provide plan sponsors with the broad perspective needed to decide rationally how and when to de-risk.”
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