Choosing the right pension risk transfer companies requires fiduciaries to assess insurer financial strength, contract transparency, participant protections, and advisory independence. This checklist breaks down what to evaluate before committing to a group annuity placement. Selecting a pension risk transfer partner is one of the most consequential decisions a plan fiduciary will ever make. Get...Read More
Managing a defined benefit pension plan requires ongoing attention, specialized expertise and careful financial planning. For many employers, these plans have become legacy obligations that no longer support the company’s current workforce strategy, yet still carry significant financial, administrative and fiduciary responsibilities. For plan sponsors, a defined benefit plan termination can be an opportunity to...Read More
When a plan sponsor moves forward with a pension risk transfer (PRT), the pricing ultimately comes down to how insurers underwrite the liability. Unlike retail underwriting, where the focus is on an individual, PRT underwriting is about evaluating an entire population and projecting benefit payments decades into the future. Each carrier approaches that exercise a...Read More
Transferring pension risk is a financial milestone for any plan sponsor. There is a heavy responsibility of securing retirement benefits while protecting your organization’s bottom line. Attempting this transition without expert guidance exposes your company to significant regulatory and financial liabilities. Partnering with dedicated professionals for your annuity advisory services transforms this daunting task into...Read More
As the pension risk transfer (PRT) market accelerates, plan sponsors face an increasingly complex landscape of annuity solutions. Understanding the nuances of these products is no longer just about compliance; it is about optimizing the financial health of the organization and fulfilling the fiduciary promise to plan participants. At DIETRICH, we believe that informed decision-making...Read More
