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Pension risk transfers – arrangements where traditional pension plans purchase group annuities from life insurance companies to fulfill their retirement income obligations to pensioners – have ...
Average costs of a competitively bid pension risk transfer declined to 101.1% of a plan’s accounting liabilities in April from 102.5% in March, according to Milliman.
The global pension risk transfer market continues to hit new highs, and is expected to keep going as corporations look to offload risk. It's an increasingly competitive market, with just nine ...
The new pension transfer rules coming into force on November 30 will bring added duties for pension scheme trustees, and will not be a panacea to prevent scams, specialists warn.
Pension risk transfers in the U.S. and U.K. are on track to reach record levels in 2023, according to Legal & General Group's latest report.
People’s Partnership CEO Patrick Heath-Lay addresses the substantial problems that the industry faces regarding pension transfers. It’s been a year since we launched our campaign to address the ...
While pension risk transfer deals are breaking records, federal regulators are nearing a deadline for review of Interpretative Bulletin 95-1.
AT&T Inc. moved one step closer to defeating litigation by retirees challenging a transaction that shifted responsibility for ...
Pension providers could be restricted from offering savers cash incentives to switch their retirement pots under proposals being drafted by the financial watchdog. Currently, providers of defined ...
Explore how a distinguished legal firm takes on Alcoa, a multinational corporation, over controversial pension liabilities transfer in a high-stakes legal battl ...