Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Products May 27, 2015
Mercer Opens Pension Risk Exchange
In response to the increased demand for pension buyouts
Mercer has developed a Pension Risk Exchange to support defined benefit plan
sponsors in timing and execution of buyout deals.
Reported by
PLANADVISER staff
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.
You Might Also Like:
Pre-Retirees Concerned About Retirement Income but Confused by Income Products
Several recent studies show that although many pre-retirees show interest in income products, far fewer invest in them.
LIMRA: Final Q2 Annuity Sales Lower Than Expected
Second-quarter sales of annuities were $2.7 billion lower than initial projections.
Annuities Sales Reach New Heights in Q2 2026, per LIMRA
Total US annuity sales reached a record $123.9 billion in the second quarter.
