Abstract
Transferring pension risk to the insurance community has proven to be an effective strategy for organizations worldwide. Even so, some firms are unable to execute the size of transaction they would prefer, because their plans are less than fully funded and their de-risking budgets are constrained. In response, many plan sponsors are now targeting specific groups of plan participants for buyout, thereby de-risking distinctive segments of their plans, while remaining within the confines of their transaction budgets. By taking aim at targeted buyouts, plan sponsors can experience corporate finance benefits and secure the promises they have made to plan participants.
- © 2016 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol, and Bring Your Challenges are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
Don’t have access? Register today to begin unrestricted access to our database of research.