A pension risk transfer (PRT) occurs when a company ends its pension program. Usually in the process it tries to stop paying its existing benefits under pension programs for past and present employees ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...
Hess Corp., New York, purchased two group annuity contracts from insurance companies for a total premium price of $250 million to transfer liabilities from two U.S. pension plans. The oil and gas ...
Carlyle Group is exploring how to capture a piece of a multibillion-dollar corner of finance that's changing who writes private-pension checks to millions of retirees. With workers living longer and ...
PensionBee, an online pension provider, has made it possible for more savers to move their pensions quickly and efficiently with the adoption of an additional transfer service. ViaNova is “an industry ...
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