House Ways and Means Committee chairman Kevin Brady, R-Texas, submitted an amendment to the Family Savings Act—legislation included in a package of bills as part of Tax Reform 2.0. The amendment is a fiduciary rule safe harbor for the selection of a lifetime income provider for retirement plans.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 two business development specialists to join their experienced team of retirement professionals.Read More
U.S. corporate executives considering a pension risk transfer need to think long and hard about the mechanics of how best to structure the deal with an insurance company: an asset-in-kind transaction, a cash transaction or some combination of both, industry experts said.Read More
DIETRICH launched DDQ, the industry’s first online annuity quote system to meet the demand from retirement plan sponsors and their advisors for instant individual annuity quotes from top rated (DOL 95‐1 safest available) insurance companies, back in 2004.Read More
Among the many effects on corporate finance from the Tax Cuts and Jobs Act is a greater motivation to address problems with defined-benefit (DB) employee pension plans. Thanks also to the savings from a lower corporate tax rate for 2018, senior finance executives think that this year may be an opportune time to reduce the liability risks associated...Read More
DIETRICH is the new name for the company formally known as Dietrich and Associates, Inc. A fresh look has been placed on an industry leader in the Pension Risk Transfer Market.Read More
The average funding ratio of the 100 largest U.S. corporate defined benefit plans jumped 4.7 percentage points to 89.2% in 2017 after years of small declines, Pensions & Investments' annual analysis of Securities and Exchange Commission filings shows.Read More
Seventy-three percent of retirees who own an annuity believe they will be able to live the retirement lifestyle they want, compared to 64% of retirees who do not own an annuity, the LIMRA Secure Retirement Institute found through a survey of 2,025 retirees.Read More