UK. DB Pension Risk Transfers May Slow Due to Lack of Liquidity
High interest rates have made it a good time for some defined benefit plan sponsors to transfer pension risk, but a liquidity pinch may be delaying or altogether shutting off the window, according to experts who spoke at PLANADVISER’s virtual DB Summit last week. The interest rate hikes, which the Federal Reserve started about a year ago to try and tame inflation, have brought present liability down for many plans, said Gloria Griesinger, assistant treasurer for global pension investments and...