For businesses managing employee pension plans, the decision to terminate a pension plan is complex and requires careful navigation. Whether you’re restructuring your business or facing financial challenges, the process involves legal, financial, and administrative considerations. This guide will outline what you need to know about pension plan termination, helping you stay compliant and protect...Read More

The DIETRICH online annuity calculator (DDQ) tool has provided thousands of plan sponsors, advisors and retiring participants with institutionally priced guaranteed income annuity quotes from top rated Department of Labor 95-1 compliant insurance companies over the past 20 years. Quotes are instant and direct from insurance company quote calculator engines.   Today many 401k plan sponsors...Read More

In the fast-paced world of business, securing a stable financial future for employees is paramount. Pension risk transfer (PRT) has emerged as a pivotal strategy for companies aiming to ensure their retirement obligations without bearing the associated risks. For business owners and HR executives, understanding PRT can be a game-changer in managing pension liabilities effectively....Read More

A 2024 Pension Risk Transfer Industry Whitepaper by DIETRICH Seizing Opportunities in a Dynamic Market This whitepaper explores the evolving landscape of pension risk transfers (PRTs), covering not only the short-term trends from 2022-2024, but also the longer-term perspective of where the industry is going and the impact on plan sponsors, advisors and participants. Multiple...Read More

“Total rewards is a pendulum. New benefits emerge, while older and little-used ones are phased out. Annual salary hikes come and go, depending on the economy. The same often goes for bonuses and other perks. Now, the latest point of conversation among total rewards experts is about one of the oldest benefits offerings: pensions….”Read More

BerryDunn colleagues Markes Wilson and Susan Prior talk with Ian Koteles, of Dietrich, a uniquely positioned pension risk advocate. The topic? Reducing pension costs through various strategies, including risk mitigation and administrative efficiency.Read More

From the era of guaranteed lifetime pensions to the modern 401(k), pension risk transfers have become the linchpin connecting the past, present and future of retirement benefits – and allows firms to offload the burdensome legacy.Read More

One in five plan sponsors (22%) reported they were actively looking to switch advisers, with motivations including more service offerings and better participant communication and education, according to the 14th Fidelity Plan Sponsor Attitudes Study.Read More

In the first half of 2023 plan sponsors completed a record 289 pension-risk transfer transactions totaling $22.4 billion in premiums, according to a report from Aon, the largest PRT adviser.Read More

Despite the turbulence of 2022 and the losses for both stocks and bonds, many corporate defined benefit (DB) plans are finding themselves in a better funded status position than at the end of 2021. As such, the pension “end game” is coming into clearer focus, and sponsors are considering pension risk transfers (PRTs).Read More