Steel producer AK Steel has purchased a group annuity contract from Massachusetts Mutual Life Insurance Company to transfer approximately $615 million of its pension obligations.Read More
Legal & General Retirement America’s Pension Risk Transfer Monitor shows the U.S. pension risk transfer (PRT) market has remained very active throughout the first three quarters of 2019.Read More
DIETRICH, a leading national pension risk transfer company specializing in providing insured institutional solutions to plan sponsors interested in transferring risk from their retirement plans, has hired a Client Relationship Manager to join their versatile team of professionals.Read More
As employers wrestle with how to best mitigate the financial risks associated with sponsoring defined benefit (DB) pension plans, they should weigh the relative benefits of limiting versus eliminating those risks over time, according to a new white paper from MassMutual, “Key Decisions for De-Risking Your Pension Plan.”Read More
After partnering together for multiple holiday seasons to send cookies as gifts to their clients, the team at DIETRICH was looking for additional ways to work with Cookies for Kids’ Cancer that would expand well beyond the holidays.Read More
DIETRICH, one of the nation’s largest independent advisory firms specializing in promoting the financial health of retirement plan sponsors, the plans they manage and the participant retirements they support through education, objective advice, and access to insured institutional solutions, has hired a second senior retirement plan administrator/pension underwriter to join their skilled team of retirement...Read More
What can advisors glean from the recent popularity spike of the perennially disparaged variable annuity? Though their origins can be traced back to the Roman Empire, annuities have been historically underutilized by advisors. But that could be changing, panelists told attendees at Pershing's annual Insite conference.Read More
