The new pension transfer rules coming into force on November 30 will bring added duties for pension scheme trustees, and will not be a panacea to prevent scams, specialists warn. According to the ...

Offloading retiree pension risk to an insurance company became less expensive for plan sponsors in April, according to consulting and actuary firm Milliman, which tracks the cost of de-risking pension ...

Seyfarth Synopsis: The first two district court opinions deciding whether plaintiffs have Article III standing to challenge pension risk transfers have reached opposite conclusions. One case will ...

The pension risk transfer market continues to show growth, as total U.S. single-premium PRT sales hit $51.8 billion in 2024. That level marks a 14% increase from the prior year’s results and is less ...

Over the last several years, numerous large pension plan sponsors have transferred billions of dollars in financial risk related to their pension plan benefit obligations to insurance companies ...

(Bloomberg) -- For the millions of expats who leave pension pots behind as they job-hop through the world’s financial hubs, retrieving that money has become a costly experience fraught with peril.

People’s Partnership CEO Patrick Heath-Lay addresses the substantial problems that the industry faces regarding pension transfers. It’s been a year since we launched our campaign to address the ...

Prudential Financial unveiled its first significant transaction in the pension sector this year. Through its subsidiary, Prudential Insurance Co. of America, the financial services giant has completed ...

BCG Pension Risk Consultants | BCG Penbridge (“BCG”) today released a special report tracing the U.S. pension risk transfer (PRT) market’s 50-year evolution from its origins to the present day. The ...

A.M. Best Company, Inc. U.S. life insurers are increasingly tapping into pension risk-transfers to help companies in the United States and abroad manage their mounting financial obligations to ...

A lawsuit against Alcoa USA Corporation may not dominate front-page news—but for nearly 28,000 retirees, it strikes at the heart of something sacred: financial peace in retirement. Legal firm ...