The exchange delivers buyout price transparency and deal readiness, while ensuring plan participants are protected, Mercer says. The solution helps plan sponsors execute a buyout at more competitive prices and in a shorter time frame than is currently possible. It assists in the decision-making process and in selecting the optimum timing of the transaction.
The exchange provides insurer engagement and enhanced competition in the buyout market; buyout price transparency based on up-to-date annuity pricing derived from plan-specific data; improved sponsor deal readiness by preparing data and documents in advance of the transaction; and enhanced participant security and complete execution support.
A brochure may be downloaded from here.