Northern Trust screens for the top of the class, and also to red-flag the less appealing bargain plays.
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
Transaction is largest risk transfer in US since Verizon/Prudential deal.
FedEx’s 2017 pension contribution is more than triple that of 2015 and 2016 combined.