AimPoint Pension
|
Loan & Distribution Specialist AimPoint Pension
|
Bates & Company, Inc.
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Regional Vice President of Sales The Retirement Plan Company
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Annuity Purchase Update, October 2022
October Three Consulting Oct. 14, 2022 "Pension Risk Transfer market activity exceeded expectations in the third quarter, with the total market estimate for 2022 jumping from $40B to $50B. Pension funding status dipped last month as high interest rates offset the impact of the worst stock market returns observed thus far in the year. Annuity Purchase costs ... dropped significantly this past month, the lowest ... observed year to date. Average annuity purchase rates have increased over 270 basis points in the last twelve months[.]" |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |