Corporate Moves
PRT Market Headed for Another Year Over $40B, Aon Says
With Shell and Verizon both conducting large transfers in recent months, 2024 has already seen more than $10 billion.
A rise in discount rates helped most statuses increase last month, according to multiple pension trackers.
Companies that sold their plan liabilities to insurers set records for dollar volume and deal numbers in the first half of 2023, per an Aon study.
July sees fourth consecutive month of improved U.S. corporate pension funding.
For the top 8, including Mercer and BlackRock, last year marked an unaccustomed reversal of fortune, a study by Charles Skorina found.
Positive asset returns, combined with rising bond yields, helped boost pension funds’ solvency.