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2014 Pension Buy-out Sales More than Double Previous Year
LIMRA
Mar. 5, 2015
"Group pension buy-out sales reached $8.5 billion in 2014, [nearly] a 120 percent increase over the 2013 total of $3.8 billion ... 'After many years of staying in the $1 to $2 billion range, sales in the pension risk transfer buy-out market have eclipsed $3.5 billion for three consecutive years,' said Michael Ericson, analyst for LIMRA Secure Retirement Institute."
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