Pensions
Pension Risk Transfer Premiums Reach $14.6 Billion in Q1
146 contracts were sold in the quarter, a 26% increase from Q1 2023 and an all-time record.
A new report debunks the ‘myth’ that an 80% funded level means a plan is in good health.
The lobbying group also says a surge in litigation could have ‘significant negative consequences for plan participants.’
But the pandemic has not slowed down pension buyout activity.