Two of the largest insurers in the pension risk transfer market, MetLifeand Prudential, have issued new reports onsponsors’ mounting interest in moving pension liabilities fromtheir books.
MetLife’s Pension Risk Transfer Poll, a new survey of about 230defined benefit plan sponsors, found that 45 percent of large plansponsors have taken proactive steps toward an eventual pension risktransfer.
Of those sponsors that report being most likely to takede-risking measures, almost three-quarters have taken preparatorysteps, according to the survey.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
