Expanding on a partnership that goes back decades, Nationwide has announced they will assume liabilities for Pennsylvania Farm Bureau through a pension risk transfer (PRT) transaction for their defined benefit (DB) plan.Read More
In celebration of their 40th Anniversary, DIETRICH was awarded the honor of being featured in Business in Focus magazine, a leading global business magazine that provides quality coverage of truly inspiring companies who have achieved the highest standard in their field of expertise. Read More
The passage of the Setting Every Community Up for Retirement Enhancement (SECURE) Act and, in some ways, the market crash caused by the COVID-19 pandemic have put a greater focus on providing guaranteed lifetime income for defined contribution (DC) plan participants.Read More
The passage of the Setting Every Community Up for Retirement Enhancement (SECURE) Act and, in some ways, the market crash caused by the COVID-19 pandemic have put a greater focus on providing guaranteed lifetime income for defined contribution (DC) plan participants.Read More
Reduced PBGC variable rate premiums may make now an optimum time to contribute. Plan sponsors undertaking risk-transfer activities in underfunded plans should consider contributing additional assets to maintain funded status equivalence. For some plans, low borrowing rates may present an opportunity.Read More
A pension plan is a non-core business with significant costs and risks. Over the last 19 years there have been nearly $800 billion in cash contributions in just the largest 100 U.S. pension plans. Yet, despite significant contributions and favorable equity market returns, funded status has not meaningfully recovered from the low of the financial...Read More
Pension risk transfer (PRT) helps companies deliver on their promises. It can take several forms, all with the goal of ensuring the financial security of a company’s employees, past or present, who are enrolled in the plan. We’ll look at buyouts and buy-ins, plan terminations, and lift-outs, and why a company’s CFO might take one...Read More
The share prices of companies that have transferred their pension obligations to an insurer typically perform better than their peers', according to analysis by Mercer. The firm found that in general, undertaking a pension risk transfer (PRT) does not appear to be hindrance, with “reasonable evidence” that it can have a positive impact on the...Read More
