Owais Rana, a former managing director and head of pension liability-driven investment solutions at Conning, is joining RiskFirst.
National Grid U.K. Pension Scheme insured $3.4 billion in a buy-in with Rothesay Life, marking the latest large pension risk transfer deal.
Connecticut is joining a growing number of major public pension plans that have hired chief risk officers since the 2008 financial crisis.
Linda K. Stone was named senior pension fellow by the American Academy of Actuaries.
Most corporate defined benefit plans with derisking goals intend to divest all of their pension liabilities in the future, a survey shows.
The trustees of U.K. pension schemes and corporate scheme sponsors must be prepared to respond to any outcome of Brexit, analysis shows.
Teradyne purchased a group annuity contract from an insurance company to transfer about $151 million in pension plan liabilities.
Not everyone is in agreement that pension risk transfers leave a plan sponsor with less risk.
The pension buyout trend shows no signs of slowing down, although how many more jumbo deals are in the offing is unclear.
The U.K.'s bulk annuity market could hit a record £30 billion ($39 billion) this year, says consultant Aon.