How Higher Interest Rates Are Changing Focus of Fully Funded Pension Funds
Many corporate pension fund leaders are re-evaluating their liability-driven managers and allocations.
Tag: pension risk transfer
EBSA Head Lisa Gomez Talks Broadening Access to Retirement Benefits
The assistant Secretary of Labor for the Employee Benefits Security Administration spoke to PLANSPONSOR about ‘Schoolhouse Rock,’ disparities in retirement...
Market Conditions Continue to Fuel Pension Risk Transfers
The majority of plan sponsors with the goal of mitigating pension plan risks are looking to fully divest their company’s...
Pension Risk Transfers Continue to Surge in Q2
Sales reached a record-setting $16.2 billion in the second quarter, a 31% increase from 2022, LIMRA found.
Pension Risk Transfer Deals Hit Record Level in First Half of 2023
Companies completed 289 transaction in the first half of 2023, per an Aon study.
Annuity Provider Representatives Push Back Against PRT Criticisms
Leaders in the PRT world argue that many criticisms of insurers are misguided and that the DOL’s IB 95-1 has...
DOL Considers Changing Standards for Annuity Provider Selection
Interpretative Bulletin 95-1 could be in for an overhaul this year or next.
Benefits |
PPG Agrees to $309M Pension Risk Transfer Deal
The transaction with Legal & General and RGA is intended to secure the retirement benefits of more than 4,000 PPG...
Pension Risk Transfers Continue to Skyrocket in Q1
PRT sales have broken records yet again, as the market grew another $6.3 billion in the first quarter of this...
Pension Risk Transfers Spiked in 2022 due to Higher Interest Rates, Report Shows
The U.S. pension risk transfer market grew to $51.8 billion last year, totaling 568 transactions, according to Aon’s recent report.
2023 DB Summit: Factors in DB Plan Decisionmaking
To keep the defined benefit plans active or not? That is the question for many plan sponsors.
Pension Risk Transfer Market Keeps Setting Records
Increases in both funded status and availability have spurred a huge year expected to reach more than $50 billion in...
Legal & General Completes PRT Deal with Rolls-Royce North America
Legal & General completed the pension risk transfer for $145 million.
Inflation and Rates Likely to Spur Pension Risk Transfers
Majority of plan sponsors say economic concerns are influencing their de-risking decisions.
IBM Completes $16 Billion Pension Risk Transfer
Responsibility for 100,000 beneficiaries moving to Prudential, MetLife
US Pension Buyout Sales Jump 148% in Second Quarter
Several tailwinds are driving record growth in the pension risk transfer market.
INFORM Act Seeks Expanded Lump-Sum Payment Disclosures
Proponents say the bill will require pension plan sponsors to provide participants and beneficiaries with critical information about the tradeoffs...
DB Plan Sponsors Might Want to Press Pause on Pursuing PRT
Investment managers point to what might be better strategies for managing defined benefit plan investment risks and PBGC premium costs.
PRT Strategies for Active Participants
Pension risk transfers could leave a sizeable group of active participants under a plan sponsor’s responsibility, but there are strategies...
Understanding PRT: A Checklist for Implementing a Pension Risk Transfer
Experts discuss the various elements to consider before implementing a pension risk transfer to help ensure its success.