Pension transfers in vogue as expense grows, and companies shift to 401(k) plans

Greg Iacurci  |  December 6, 2017

By Greg Iacurci, includes “A pension buyout — not to be confused with a lump sum payout to employees — is one way companies have sought to offload the risk associated with their defined-benefit plans, which have become more difficult to manage amid increasing longevity and persistently low interest rates. In such transactions, employers transfer their pension obligation to an insurance company …” 

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