Compliance | March 14th, 2024 FirstEnergy Completes $700M Pension Risk Transfer Meanwhile, a new lawsuit was filed against Lockheed Martin over two PRT deals involving Athene Annuity and Life Company from...
Benefits | January 17th, 2024 Market Strong for Plan Sponsors to De-Risk DB Plans, According to Agilis The pension and investments manager expects de-risking strategies to remain attractive in 2024.
Data and Research | October 4th, 2023 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...
Administration | August 18th, 2023 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.
Compliance | July 19th, 2023 DOL Considers Changing Standards for Annuity Provider Selection Interpretative Bulletin 95-1 could be in for an overhaul this year or next.
Benefits | June 1st, 2023 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...
Data and Research | May 25th, 2023 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...
Investing | March 14th, 2023 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.
Data and Research | December 19th, 2022 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...
Administration | December 1st, 2022 Legal & General Completes PRT Deal with Rolls-Royce North America Legal & General completed the pension risk transfer for $145 million.
Data and Research | October 14th, 2022 Inflation and Rates Likely to Spur Pension Risk Transfers Majority of plan sponsors say economic concerns are influencing their de-risking decisions.
Deals and People | September 14th, 2022 IBM Completes $16 Billion Pension Risk Transfer Responsibility for 100,000 beneficiaries moving to Prudential, MetLife
Data and Research | September 6th, 2022 US Pension Buyout Sales Jump 148% in Second Quarter Several tailwinds are driving record growth in the pension risk transfer market.
Compliance | May 5th, 2022 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...
Administration | April 8th, 2022 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.
Administration | March 9th, 2022 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...
Administration | March 7th, 2022 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.
Administration | March 4th, 2022 Understanding PRT: A Look at PRT Solutions and Costs Pension risk transfer includes a spectrum of options, with cost and other considerations for each.
Investing | March 4th, 2022 Understanding PRT: Retiring Your Pension Plan Considering asset allocation, glidepaths, LDI and risk on the way to pension risk transfer.
Compliance | January 5th, 2022 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....