GE is facing a proposed class-action lawsuit over its transfer of $1.7 billion in pension liabilities to an insurance company. The company is the latest among several large companies sued over similar ...
(Bloomberg) -- For the millions of expats who leave pension pots behind as they job-hop through the world’s financial hubs, retrieving that money has become a costly experience fraught with peril.
Verizon this week became the latest employer to be sued over a pension-risk transfer, with a new twist in the snowballing line of litigation: the insurer called out for allegedly being risky is ...
BCG Pension Risk Consultants | BCG Penbridge ("BCG") today released a special report tracing the U.S. pension risk transfer (PRT) market's 50-year evolution from its origins to the present day. The ...
From the blog: Pension transfer advisers are stuck between a rock and a hard place. The Financial Conduct Authority is taking an intrusive and robust approach to regulating the industry, in many cases ...
The lawsuit against Lockheed related to its PRT with Athene comes close on the heels of a similar suit against AT&T earlier this week. Lockheed Martin is being sued by four former pension plan ...
Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Capital at risk. All investments carry a varying degree of risk and it’s important you ...
Although the FCA cannot yet provide full 2018 data, the number of defined benefit pension transfers appears to still be on the increase. Piecing together the various requests for information from the ...