Teradyne moves $151 million in pension liabilities to insurer
August 10, 2018 01:00:00 AMTeradyne purchased a group annuity contract from an insurance company to transfer about $151 million in pension plan liabilities.
Buyouts continue roaring along, but sponsors change up tactics
August 06, 2018 01:00:00 AMThe pension buyout trend shows no signs of slowing down, although how many more jumbo deals are in the offing is unclear.
Leader of MetLife's retirement and income solutions unit to retire
February 27, 2018 12:00:00 AMRobin Lenna, executive vice president, retirement and income solutions at MetLife, is retiring from the company effective March 1.
MetLife discloses 13,500 group annuity participants have not been paid
February 14, 2018 12:00:00 AMMetLife disclosed it has not paid about 13,500 participants in its group annuity population over the past 25 years.
Arrow Electronics discloses annuity buyout covering half of DB plan assets
February 06, 2018 12:00:00 AMArrow Electronics transferred about $42 million in U.S. pension plan liabilities to an insurance company following the purchase of a group annuity contract.
Rockwell Collins offloads $103 million in pension liabilities
December 07, 2017 12:00:00 AMRockwell Collins Inc. purchased a group annuity contract to transfer $103 million in pension plan liabilities to an insurance company.
LIMRA: Corporate pension buyouts reach highest third-quarter total since 1980s
November 16, 2017 12:00:00 AMU.S. corporate pension plan buyouts reached $6.38 billion in the quarter ended Sept. 30, up 7.4% from the same quarter in 2016.
Managing pension risk: More firms make move, but targets shifting
November 13, 2017 12:00:00 AMMore U.S. corporations than ever are offloading pension fund liabilities, and doing so more strategically.
Corporate pension plans ramping up focus on reducing liabilities through risk transfers
September 28, 2017 01:00:00 AMMore U.S. corporations with pension plans are concentrating on managing the benefits and liabilities of their plans.
Ball Corp. enters into annuity buyout with Prudential
August 28, 2017 01:00:00 AMBall Corp. purchased a group annuity contract from Prudential to transfer about $220 million in U.S. pension plan liabilities.
NCR Corp. offers lump sum to vested former employees in latest derisking action
August 25, 2017 01:00:00 AMNCR Corp., Duluth, Ga., will offer a voluntary lump-sum window to about 7,000 former employees vested in its U.S. pension plan.
Fortress Investment Group's AUM up slightly for quarter, year
May 05, 2016 01:00:00 AMFortress Investment Group reported $70.6 billion in assets under management as of March 31, a 0.1% gain from three months earlier, and up 1% from the year before.