Tag: pension risk transfer

OneAmerica Expands Online Services for PRT Accounts

Beginning in the third quarter, pension annuity customers whose accounts came to OneAmerica through a pension risk transfer (PRT) will be able to see to their account, make banking changes, change tax withholding, and manage their beneficiary information.

Risk Transfer Floodgates Hold, For Now

Even with the documented acceleration of de-risking activity, Tom McCartan at PGIM Fixed Income notes that less than 1% of U.S. private pension plan assets and liabilities have been formally transferred to insurers.

Number of Pension Buy-Out Deals Growing Each Year

“A big driver of the 2018 buy-out sales was a combination of mid- to large-PRT deals,” says Eugene Noble, research analyst, LIMRA Secure Retirement Institute. “We also saw two new insurance companies enter the PRT market this year.”

2019 Retirement Outlook and Investment Insights

Jonathan Barry, MFS Investment Management, discusses key trends retirement plan sponsors may expect to see this year, as well as issues they may face and thoughts about how to address them.