Alcoa Corp. paid out about $110 million in U.S. defined benefit plan assets to participants who selected a lump-sum offer.

Rayonier Advanced Materials agreed to buy a group annuity contract to transfer C$293 million of its Canadian pension liabilities.

U.S. corporate pension plan buyout sales totaled $7.7 billion in the third quarter, up 22% from the same quarter a year ago, a survey finds.

AK Steel Holding Corp. purchased a group annuity contract from MassMutual to transfer about $615 million in pension liabilities.

Private equity and credit firms are cracking open Britain's growing pension risk transfer market.

SSE PLC has converted £750 million in longevity risk into a buy-in contract with Pension Insurance Corp.

Hess Corp. has purchased a group annuity contract from an insurance company to transfer an undisclosed amount of U.S. pension plan assets.

Boise Cascade purchased a third group annuity contract from Prudential Insurance Co. to transfer $20 million in U.S. pension plan assets.

CSW Industrials Inc. completed the termination of its U.S. pension plan, which included the purchase of a group annuity contract.