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.
Tag: pension risk transfer
The Importance of Good Data for DB Plan PRT Activities
While clean data is important for identifying deaths and locating participants and beneficiaries, it can also have a great cost...
Reasons Not to Use Pension Funding Relief
Using funding relief to lower contributions to DB plans can increase PBGC premiums and get those plan sponsors that are...
Most DB Plan Sponsors Seeking an Exit
More pension risk transfer transactions are likely to be seen within the decade—and by more down-market plans—for a variety of...
Standard Agreements Aim to Make PRTs More Efficient
The pension risk transfer trend is expected to continue, though most transactions are implemented by large companies, and transferring pension...
Forces Come Together to Make PRTs More Attractive
Increased funded status for DB plans and rising interest rates make now a good time for plan sponsors to consider...
Aon, Alight Win Judgment in Hospital PRT Lawsuit
A federal judge found Aon Hewitt acted prudently, after hearing testimony about the firm’s investment actions and contractual obligations.
Experts Say Apollo’s Athene Acquisition Will Position It for More Deals
Athene has been a leader in both pension risk transfers and annuities.
AIG Fined for Unlicensed PRT Business in New York
AIG has agreed to transfer the handling of transactions from American General Life Insurance Co. to its New York-based subsidiary,...
GE Transfers Some Pension Obligations to Insurer
Approximately 70,000 retirees will receive their monthly benefit checks from one of Athene’s subsidiaries.
PBGC Reports Effect of Pension Risk Transfers on Its Premium Income
The agency could see a premium income loss of $196 million for the 2019 premium payment year, but certain trade-offs...
PRT Still a Useful Tool for Plan Sponsors
The effects of the COVID-19 pandemic slowed pension risk transfer activity earlier in the year, but economic factors for transactions...
The New York Times Co. Announces Pension Risk Transfer
With the purchase of an annuity contract, the company will transfer the payment obligation for approximately 1,850 retiree accounts to...
How to Manage DB Plans Through the Crisis
Experts expect the market volatility will continue for an unknown amount of time, so DB plan sponsors must be flexible...
COVID-19 Has Put Some PRTs Behind Schedule
DB plan sponsors are weighing their options for pension risk transfers and trying to balance what’s best not just for...
Athene Fined for Unlicensed PRT Business
The matter with the New York State Department of Financial Services has been resolved with the fine and a transfer...
Reasons NOT to Offload DB Plans
Before following the crowd, DB plan sponsors should look at the cost to maintain their plan relative to the company’s...
Lockheed Martin Makes Pension Buyout Transaction
This is the third pension risk transfer action the company has implemented.
Pension Risk Transfer Appetite Is Unabated
They are trying other strategies, but DB plan sponsors are concluding that they and their employees would be better served...
Opinions |
Who Will Take Fiduciary Responsibility for DB Plan Annuity Purchases?
Michael Clark, with River and Mercantile, describes what DB plan sponsors should do to fulfill their fiduciary responsibilities when implementing...