TY - JOUR T1 - The Do-It-Yourself Buyout: <em>An Alternative to Pension Risk Transfer?</em> JF - Special Issues SP - 29 LP - 36 VL - 2016 IS - 1 AU - Scott Hawkins AU - Owais Rana Y1 - 2016/09/21 UR - https://pm-research.com/content/2016/1/29.abstract N2 - Over the past few years, corporate defined-benefit pension plans have been seeking risk management solutions in an effort to protect member benefits as well as reduce the burden on their balance sheets. Some have sought full defeasement by transferring pension obligations to the insurance industry, albeit at a premium. An alternative solution, however, could offer pension plans a risk management solution that mitigates most of the inherent risks by bundling capital markets and insurance solutions together, thereby getting the most bang for their proverbial de-risking buck. ER -