Bulk pension annuity purchases reign supreme in the U.K.
Defined benefit pension plans naturally carry a number of risks, from fluctuating interest rates and investments to the lifespan of their plan members. To mitigate those risks, DB plan sponsors are frequently turning to bulk annuity purchases, says Brent Simmons, head of DB solutions at Sun Life Financial. “Funded levels have been on a roller-coaster […]
- February 16, 2021 April 26, 2021