Pension risk transfer is accelerating
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Many companies have moved away from defined benefit (DB) plans after being unable to effectively address plan costs and risk.
As that trend continues, plan sponsors have implemented procedures to reduce contribution and funded status volatility through pension risk transfer. Now, with rising interest rates, plan sponsors may have an opportunity to continue or even accelerate these actions.
In the second report of our 3-part series, we explore the 2023 CFO Dive/Mercer survey results to learn more about the tools finance leaders are using to accelerate risk transfer and reduce liability, such as lump-sum-based risk-transfer and annuity buyouts. Download now to learn more about:
- How CFOs perceive the cost of annuity buyouts
- The importance of accurate and complete data
- How the insurance market is expanding to meet future demand
Our report is based on insights from 152 senior financial executives who manage an organization’s DB or pension plan across a wide range of industries and plan sizes.
Learn more in our report titled Record Pension Risk Transfer is Accelerating
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