IRS Reverses Course on Lump-Sum Payment Windows to Certain Retirees
The IRS had previously put a halt to the practice of defined benefit (DB) plan sponsors offering lump-sum windows to...
Tag: pension risk transfer
Opinions |
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...
Lockheed Martin Transfers $2.6 Billion in Pension Obligations
The company announced one annuity buy-out transaction and one annuity buy-in transaction.
Survey Suggests Pension Risk Transfer Activity Will Increase in 2019
Sixty-seven percent of defined benefit (DB) plan sponsors polled say they will conduct an annuity buyout to de-risk, and the...
MetLife Settles With Massachusetts Regarding Pension Risk Transfer Beneficiary Payments
MetLife has been accused of failing to take sufficient measures to locate annuitants, declaring them dead and transferring the assets...
Mercer Encourages DB Sponsors to Act on Funded Status Improvements
Mercer recommends 10 areas of focus for defined benefit plans in 2019.
Steps to Prepare for a DB Plan Termination
There are goals and deadlines during the termination process, so a plan sponsor doesn’t want to hit a roadblock and...
Bristol-Myers Squibb Announces Pension Risk Transfer
The firm is terminating its pension plan via a combination of lump-sum distributions and an annuity purchase.
MassMutual Will Take on $50M of E.W. Scripps Pension Liability
Scripps Chief Financial Officer Lisa Knutson says the pension risk transfer agreement is “another move in the company’s effort to...
Managing Surplus Funding When Terminating a DB Plan
An article by Brian Donohue, partner at October Three Consulting, discusses how a funding surplus can pose a challenge to...
Opinions |
Should Plan Sponsors Purchase Annuities for Their Pension Plan?
David Davala, with Findley, discusses considerations for defined benefit (DB) plan sponsors before deciding whether to transfer some of their...
Goldman Sachs: Many Pensions Stand in PRT Goldilocks Zone
If interest rates continue to rise, this may have a negative impact on equity valuations; consequently, according to Goldman Sachs...
Prudential Takes on $1.6 Billion PRT from International Paper
The sizable deal comes as more large employers close to within striking distance of PRT transactions.
Managing Growing PBGC Premiums
How do plan sponsors do that, and have they already taken steps to do so?
Products |
MassMutual Paper Serves As Primer for PRT Considerations
“While PRT can be a highly effective tactic for plan sponsors to reduce risk and shift liabilities off their books,”...
Demand Growing for OCIO and PRT Services
Greg Calnon, with Goldman Sachs Asset Management, discusses how outsourced chief investment officer solutions are moving into the DC plan...
Weyerhaeuser Takes Steps to Reduce Pension Liabilities
The company is offering a lump-sum window, transferring some liabilities to a group annuity, making a contribution to its pension...
LIMRA Reports Strong Pension Buy-Out Activity in 2018
Year-to-date, buy-out sales have been $9.6 billion, a 76% increase from the first two quarters of 2017.
Raytheon Transfers Nearly $1B in Pension Obligations to Prudential
Peggy McDonald, the senior vice president who led negotiations for Prudential, says the firm is committed to providing vested participants,...
MetLife Accused of Failing to Pay Retirees Covered by Pension Risk Transfers
The company is facing lawsuits by a retirement plan participant whose assets were transferred to MetLife as well as by...