Tag: pension risk transfers

A judge ruled that plaintiffs showed enough evidence of alleged ERISA violations resulting from the company offloading pension obligations to...

The lawsuit alleged that General Electric and related fiduciaries violated the Employee Retirement Income Security Act when they selected Athene...

Tom Sablak and Sam Mossing will help drive and deliver cost management and de-risking consulting services for defined benefit pension...

A Massachusetts magistrate said former retirement plan participants had standing to sue AT&T and State Street Global Advisors but disregarded...

Plaintiffs allege that Weyerhaeuser improperly transferred $1.5 billion in pension liabilities from its pension plan by purchasing annuity contracts.

PRTs offer attractive growth in a slow-growth sector but, the report said, risks include interest rates, credit, the equity market...

Average costs of a competitively bid pension risk transfer declined to 101.1% of a plan’s accounting liabilities in April from...

There is a “critical window of opportunity” for plans to strategically pursue a partial or full pension risk transfer, according...

In addition to the pension risk transfer stake, Japanese insurer Meiji Yasuda will acquire all of L&G’s U.S. protection business...

In an amicus brief, several advocacy groups warned that letting the lawsuit proceed past a motion to dismiss could open...

Law firm Edward Stone is representing three former employers who allege Prudential and RGA group annuity contracts are not the...

Charles Lowrey will remain chairman, with Andrew Sullivan running the insurer and asset manager and Jacques Chappuis taking over as...

Insurance carriers and asset managers skilled at pension risk transfer are reaping rewards of record transaction levels, while those specializing...

The lawsuit against Lockheed related to its PRT with Athene comes close on the heels of a similar suit against...

The telecom giant announced the pension risk transfer through its purchase of single-premium group annuity contracts covering 56,000 retirees.

The two financial firms are launching Prismic Life Reinsurance with $10 billion in reserves.

Many stakeholders advised the DOL on how to change fiduciary standards for annuity provider selection.

PRTs are trending upward, but their relationship with private equity and non-traditional investments is drawing more scrutiny.

The investment giant has registered a Bermuda affiliate to focus on the booming pension risk transfer and retail annuity markets,...

Experts at last week’s PLANADVISER DB Summit discussed the challenges of transferring risk despite high interest rates.