Longevity Risk Transfer Demand Shows No Signs of Slowing

There is no sign of a slowing in demand for longevity risk transfer and reinsurance solutions, as pensions continue to seek out partners to help them transfer their exposures and longevity risk itself looks set to increase again, as health advances could accelerate longevity improvements.
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Annuity Selection Safe Harbor Tacked Onto Retirement Bill

House Ways and Means Committee chairman Kevin Brady, R-Texas, submitted an amendment to the Family Savings Act—legislation included in a package of bills as part of Tax Reform 2.0. The amendment is a fiduciary rule safe harbor for the selection of a lifetime income provider for retirement plans.
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Road to Success Takes Real Care in Managing Corporate Pension Assets

U.S. corporate executives considering a pension risk transfer need to think long and hard about the mechanics of how best to structure the deal with an insurance company: an asset-in-kind transaction, a cash transaction or some combination of both, industry experts said.
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Tax Law Drives Pension De-Risking Opportunity

Among the many effects on corporate finance from the Tax Cuts and Jobs Act is a greater motivation to address problems with defined-benefit (DB) employee pension plans. Thanks also to the savings from a lower corporate tax rate for 2018, senior finance executives think that this year may be an opportune time to reduce the liability risks associated...
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2017 ‘A Sigh of Relief’ for Corporate Pension Plans’ Funding

The average funding ratio of the 100 largest U.S. corporate defined benefit plans jumped 4.7 percentage points to 89.2% in 2017 after years of small declines, Pensions & Investments' annual analysis of Securities and Exchange Commission filings shows.
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Study Suggests Annuity Ownership Increases Retirement Confidence

Seventy-three percent of retirees who own an annuity believe they will be able to live the retirement lifestyle they want, compared to 64% of retirees who do not own an annuity, the LIMRA Secure Retirement Institute found through a survey of 2,025 retirees.
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