In the first half of 2023 plan sponsors completed a record 289 pension-risk transfer transactions totaling $22.4 billion in premiums, according to a report from Aon, the largest PRT adviser.Read More
Despite the turbulence of 2022 and the losses for both stocks and bonds, many corporate defined benefit (DB) plans are finding themselves in a better funded status position than at the end of 2021. As such, the pension “end game” is coming into clearer focus, and sponsors are considering pension risk transfers (PRTs).Read More
The second-largest U.S. pension risk transfer transaction on record, in combination with favorable conditions for similar de-risking activity by defined benefit plan sponsors, should push full-year 2022 activity to a new all-time high.Read More
Nearly all surveyed U.S. corporate defined benefit plan executives say inflation and higher interest rates are affecting their decision to initiate pension risk transfer transactions, according to results of a poll released by insurer MetLife on Wednesday.Read More
US corporate pension plans have reached a sweet spot in their derisking journeys that will enable them to pull the trigger on pension risk transfer transactions, including plan terminations.Read More
The first half of 2022 is shaping up to be the strongest first half of a year yet for pension risk transfers, according to Legal & General Retirement America.Read More
“Moreover, retirees will be presented with many different retirement strategies, products, services, and investment options. And, while vehicles like 401(k)s and Social Security grab all of the headlines your retirement plan should definitely include annuities.”Read More
