Experts Say Apollo’s Athene Acquisition Will Position It for More Deals
Athene has been a leader in both pension risk transfers and annuities.
Tag: pension risk transfer
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...
Owens Corning Transfers Some Pension Liabilities
The company cited a decrease in risks and costs as benefits of purchasing the annuity.
Products |
Principal Offers Patent-Pending Complete Pension Solution
It provides a technology-driven approach to pension risk management that can be tailored for individual plan needs alongside what the...
Could GE Have Continued Its DB Benefits?
GE is freezing pension plans and offering a lump-sum window to certain former employees, but John Lowell, with October Three,...
Several Strategies Help DB Plan Sponsors Manage Financial Risks
MassMutual discusses four main strategies for limiting or eliminating defined benefit plan risks over time: hibernating risks, establishing glide paths,...
LIMRA Finds Growing Interest in PRTs and MEPs
Even though pension risk transfer is better understood by plan sponsors, LIMRA hopes pending legislation that would open multiple employer...
Sonoco Terminates DB Plan in Preparation for Risk Transfer
Announcements by the company provide an example of common steps and the timeline for a pension risk transfer.
Interest Rates Affect Timing for PRT Annuity Purchases
Mark Unhoch, with October Three, explains why annuity costs for pension risk transfers (PRTs) are greater when interest rates are...