Tag: pension risk transfer

The case, which also includes State Street Global Advisors, could be refiled in the same district court.

Following its February acquisition by Meiji Yasuda, the group adopted a new slogan, ‘Here for the Better,’ and visual branding...

Plan sponsors can de-risk by shrinking liabilities and outsourcing investment management, Aon reported.

The federal court in the Southern District of New York found no standing or fiduciary breach in a challenge to...

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...