Manager Selection
Verizon, Lockheed Martin to Outsource Pensions to Goldman Sachs Asset Management
The agreements represent a combined $70 billion in OCIO mandates.
Tag: Verizon
Pensions
Record $15B in Pensions Transferred to Insurers in Q1
Jumbo deals by Verizon and Shell led a busy quarter that points to a busy year for PRT.
Pensions
FirstEnergy Transfers 2,200 Retiree Pensions to Insurers
Legal & General Retirement America and RGA Reinsurance took on $700 million in pension liabilities.
Pensions
Verizon Announces $5.9B Pension Transfer
Insurers Prudential and RGA Reinsurance will assume obligations for 56,000 pensioners who are already receiving benefits.
Asset Allocation
Highest Dividend Payers Are Biggest Losers in S&P 500
Those stocks, such as Altria and Verizon, carry the top yields, but their flagging prices negate the sweet payouts, according to Bespoke.
Pensions
Special Report: Will Pension Risk Transfers Someday Control All DB Plans?
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
Investors Prospect for 5G Treasure in Cellphone Spectrum
Big stock gains seen as wireless providers scramble for valuable new turf, up where the satellites roam.
Verizon Borrows $3.4 Billion to Make Discretionary Pension Contribution
Tax considerations, rising PBGC premiums drive move, Russell Investments says.
More Corporate Pension Plans Transferring Risk, Milliman reports
Despite fluctuations, the largest pension plans ended 2016 with their funded ratios little changed.