Supremex Inc., a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, today announced the purchase of a $46 million CAD group annuity buy-in with RBC Life Insurance Company.Read More
Plan sponsors will need to consider whether in 2020, as in 2019, stock market returns will be great enough to offset rising liabilities from interest rate decreases.Read More
Amid market volatility and a desire to limit the costs and downside risks associated with their pension plans, sponsors are reconsidering their approaches and talking with insurers about options they may not have previously considered.Read More
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
