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risk button While the trend of corporations’ overall interest in de-risking pension obligations is indisputable, relatively few plans have been fully terminated. (Photo: Bigstock)

Sponsors of defined benefit pension plans purchased $8.2 billion of single premium pension buy-out annuities in the second quarter of 2018, the most active second quarter for the pension risk transfer products over the past 15 years, according to the LIMRA Secure Retirement Institute’s quarterly U.S. Group Annuity Risk Transfer Survey.

Nick Thornton

BenefitsPRO

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