US. Plan sponsors increasingly interested in pension risk transfer
In the United States, 80 per cent of employers sponsoring traditional defined benefit pension plans are interested in pension risk transfer, according to new research from LIMRA Secure Retirement Institute. LIMRA says that in the last few years a shift has occurred in the level of interest in pension risk transfer (PRT). While eight in 10 plan sponsors expressed interest in PRT, four in 10 said they are “very interested”. This is an increase of ten per cent from a...