Pension Risk Transfer Market Closes Strong at $14B in Q3
IBM’s $6 billion PRT with Prudential accounted for much of the market’s increase this quarter, according to Legal & General...
Tag: PRT
PRT Market Closes at $26B in First Half of 2024
Verizon, Shell and 3M completed the year’s three largest pension risk transfers so far.
Benefits |
Prudential to Complete Industry’s 1st Multiemployer Pension Risk Transfer
The $221 million transaction will secure pension benefits for retirees and beneficiaries at Sound Retirement Trust, a multiemployer plan for...
GE Joins List of Companies Sued Over PRT Deal with Athene
General Electric Co. has been sued by former participants represented by law firm Schlichter Bogard LLP after completing a pension...
Benefits |
Unisys Completes Latest in Series of Pension Annuitizations
The transaction, completed with F&G Annuities & Life, is Unisys' sixth since January 2021, totaling nearly $2 billion.
Association of BellTel Retirees Points to Red Flags in Verizon PRT Deal
Advocates for the protection of retirees’ pensions and benefits say the telecom firm has ‘shamefully discarded 97,000 loyal retirees’ in...
PSEG Annuitizes Benefits for 2,000 Retirees
The pension risk transfer deal only affects retirees and is not tied to a plan termination.
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 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 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...
Inflation and Rates Likely to Spur Pension Risk Transfers
Majority of plan sponsors say economic concerns are influencing their de-risking decisions.
Pension Risk Transfer Volume At Record Level
First quarter pace is projected to accelerate this year.
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.
Understanding PRT: A Look at PRT Solutions and Costs
Pension risk transfer includes a spectrum of options, with cost and other considerations for each.
Understanding PRT: Administrative and Fiduciary Considerations
One important distinction to make when considering a pension risk transfer is the difference between fiduciary and settlor functions.
Understanding PRT: Retiring Your Pension Plan
Considering asset allocation, glidepaths, LDI and risk on the way to pension risk transfer.
Pacific Life Fined for Unlicensed PRT Business
A penalty was assessed after a New York State Department of Financial Services investigation uncovered violations of state insurance law....
With Pandemic Lessons Learned, Institutional Investors Gear Up for 2022
The first year of the pandemic was defined by a flight to safety, while 2021 brought a risk-on stance and...
Factors That Determine Whether the Time Is Right for PRT
Pension risk transfer activity is picking up, and plan sponsors have several considerations when implementing transactions.