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Mercer Opens Pension Risk Exchange
In response to the increased demand for pension buyouts Mercer has developed a Pension Risk Exchange to support defined benefit plan sponsors in timing and execution of buyout deals.
The exchange delivers buyout price transparency and deal readiness, while ensuring plan participants are protected, Mercer says. The solution helps plan sponsors execute a buyout at more competitive prices and in a shorter time frame than is currently possible. It assists in the decision-making process and in selecting the optimum timing of the transaction.
The exchange provides insurer engagement and enhanced competition in the buyout market; buyout price transparency based on up-to-date annuity pricing derived from plan-specific data; improved sponsor deal readiness by preparing data and documents in advance of the transaction; and enhanced participant security and complete execution support.
A brochure may be downloaded from here.