pension risk transfer
For Many CFOs, Pension Plans Are Millstones Around the Neck
The massive, high-risk debt weighing down so many defined benefit plans promises to accelerate the pace of pension-risk transfer undertakings.
MetLife Settles With Massachusetts Over Pension Claims
The company agreed to pay $1 million to resolve accusations related to its pension risk transfer business.
MetLife Shares Plunge on Restatement News
The insurer says it underestimated its group annuity reserves because of "a material weakness in internal control over financial reporting.”
Leaving Pension Management, and Pension Risk, Behind
A shifting economic and regulatory environment is driving increased pension risk transfer activity.
International Paper Transfers Pension Risk
The purchase of a $1.3 billion annuity contract from Prudential will allow IP to reduce its pension liability by about 9%.