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Regional Vice President, Sales MAP Retirement USA LLC
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Relationship Manager for Defined Benefit/Cash Balance Plans Daybright Financial
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Anchor 3(16) Fiduciary Solutions
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Risk Transfers Increasingly Used for Modest Pension Payouts
Treasury & Risk; registration may be required 
Dec. 19, 2017 "[C]ash-strapped companies are focusing their efforts where they have the most impact: purchasing annuities in order to transfer to an insurer the companies' obligations to retirees who will receive modest benefits.... Through the first three quarters of this year, pension plans purchased $12 billion of annuities, but [one consultant] expects the total for the year to come in around $20 billion." MORE >> |
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