Pensions
GE Agrees to $1.7 Billion Buyout; BBC Pension Secures £3 Billion Longevity Swap
Athene will provide annuity benefits to approximately 70,000 GE retirees.
Athene will provide annuity benefits to approximately 70,000 GE retirees.
Rising discount rates were not enough to offset markets spooked in October by surging COVID-19 cases.
Mercer expects UK bulk annuity market to top £40 billion this year.
Mercer warns pension trustees to brace for a no-deal Brexit.
Survey also finds rising PBGC premiums encourage funding increases.
Mercer report explores key trends in international investor activity, including a reduction in fixed income in favor of equities.
PGGM gets an acting chairman, Northern Trust makes a swath of changes, and more.