Tag: pension risk transfer

Single-premium sales more than tripled in the third quarter of the year.

Brookfield Wealth Solutions’ managing partner lays out how insurers can best serve the participant accounts acquired in pension risk transfers.

2025 has been a ‘tailwind of a year for pension finances,’ says Brian Donohue of October Three.

A similar case, also involving annuity provider Athene Annuity and Life Co., was dismissed earlier this week by the same...

Due to a ‘normalized’ yield curve and strong investment performance, plan sponsors can consider de-risking or using surpluses for other...

Plaintiffs have standing to sue but did not sufficiently allege a fiduciary breach, a Massachusetts magistrate found.

The ERISA Industry Committee, American Benefits Council and others filed an amicus brief urging a district court to dismiss the...

Legal & General Retirement America projected $11 billion in pension risk transfer deals through the first six months of 2025,...

J.P. Morgan released a report predicting the pension risk transfer market will boom—but not without incurring new risks of its...

The competitively bid price of transferring retiree assets dropped to an estimated 101.1% of a plan’s accumulated benefit obligation.

The average cost to transfer corporate pension plan liabilities and to purchase an annuity both went up, according to Milliman.

According to LIMRA, 14 carriers reported more than $1 billion in pension risk transfer sales during 2024.

Meiji Yasuda Life will also acquire all of L&G’s U.S. insurance protection business in a total $2.3 billion transaction.

A deal that transferred Verizon liabilities to group annuity contracts with Prudential and SSGA face ERISA breach allegations from former...

The Weyerhaeuser Co. was sued by former employees, represented by Schlichter Bogard LLP, over a pension risk transfer it conducted...

IBM’s $6 billion PRT with Prudential accounted for much of the market’s increase this quarter, according to Legal & General...

Among companies with pension de-risking plans, 93% expect to completely divest their defined benefit liabilities, according to a MetLife survey.

Pension risk transfers benefit plan sponsors and plan participants. 

Latest deal comes after the multinational technology company in 2023 closed its defined contribution plan in favor of a cash-balance...

Verizon, Shell and 3M completed the year’s three largest pension risk transfers so far.