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...
Tag: PRT
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.
Magistrate Judge Says Aon, Alight Can’t Evade PRT Lawsuit
The firms allegedly provided a comprehensive set of pension plan termination services to a hospital system client that, according to...
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...
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...
Considering Balance Sheet Issues for Pension Risk Transfers
A pension risk transfer (PRT) to terminate a defined benefit (DB) plan reflects heavily on a plan sponsor’s balance sheet,...
Risk Transfer Floodgates Hold, For Now
Even with the documented acceleration of de-risking activity, Tom McCartan at PGIM Fixed Income notes that less than 1% of...
Number of Pension Buy-Out Deals Growing Each Year
“A big driver of the 2018 buy-out sales was a combination of mid- to large-PRT deals,” says Eugene Noble, research...
Goldman Sachs: Many Pensions Stand in PRT Goldilocks Zone
If interest rates continue to rise, this may have a negative impact on equity valuations; consequently, according to Goldman Sachs...
Prudential Takes on $1.6 Billion PRT from International Paper
The sizable deal comes as more large employers close to within striking distance of PRT transactions.
Managing Growing PBGC Premiums
How do plan sponsors do that, and have they already taken steps to do so?
Demand Growing for OCIO and PRT Services
Greg Calnon, with Goldman Sachs Asset Management, discusses how outsourced chief investment officer solutions are moving into the DC plan...