Nova 401(k) Associates
Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
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|Pension Plan Annuity Purchase Update|
River and Mercantile
Oct. 4, 2021
"[P]ension buyout sales picked up significantly in Q2, totaling $5B. This is the second highest total for a second quarter of a calendar year, trailing only the $8B in Q2 2018 and representing a 119% increase from Q2 2020.... 87 buyout contracts were sold in Q2 2021, compared to 72 contracts in Q2 2020. Pension buyout sales in 2021 are expected to total $25B to $30B."
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