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Group Pension Buy-Outs Experience Strong Sales in 2013
LIMRA 
Mar. 11, 2014
"Sales of pension risk buy-out products topped $3.8 billion in 2013 ... This represents the best sales year for these products since 1999 with the exception of 2012 when General Motors and Verizon transferred their group pension obligations to Prudential ... An improved interest rate environment in 2013 enabled more companies to make gains on full funding of their pension plans, a prerequisite to consider a pension risk transfer."
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