Representatives of the life insurance and pension risk transfer industry say that only minimal changes, if that, are needed to the Department of Labor’s Interpretive Bulletin 95-1 that governs ...

GE is facing a proposed class-action lawsuit over its transfer of $1.7 billion in pension liabilities to an insurance company. The company is the latest among several large companies sued over similar ...

Companies with defined-benefit pensions have been racing to offload those retirement plan liabilites to annuity providers via pension risk transfers, doing so at a record pace in the first quarter.

An insured buyout is the gold standard outcome for members of private defined benefit pension schemes. It is no surprise that buyout features strongly on the wishlists of many schemes, but sadly it is ...

The heat and hiss of molten steel swirled around Bill Schoen as he worked almost four decades at the Allegheny Technologies Inc. mill near Pittsburgh. Under the glow of furnaces he swept floors, ...

Starting this year, parents who give birth to a child or take parental leave will receive benefits such as reduced insurance ...

Under the agreement, JAB Insurance will take control of more than £5bn in assets as well as 175 ULP employees.

Zenith Pensions Custodian Limited (ZPC), one of Nigeria’s leading Pension Fund Custodian, successfully executed its ...

India’s move to lift investment caps on the insurance industry also applies to the $177 billion pension fund sector, paving the way for 100% foreign ownership, according to the industry regulator.