U.S. companies with potential pension risk transfer restructuring opportunities
U.S. corporate pension plans are estimated to be 100% funded for the first time since the Great Financial Crisis. In 2024, ...
CFO1d
Finally, U.S. pension plans reach fully funded status
For the first time in 17 years, at the close of 2024 pension plans sponsored by large U.S. companies were fully funded to ...
Benefits Pro2d
Verizon sued over $5.9B pension risk transfer deal with Prudential by ex-employees
Ex-employees are suing Verizon as well as State Street Global Advisors, which served as the “independent fiduciary” in ...
Louisville Public Media on MSN16h
Kentucky, hedge fund firms reach $227 million settlement in long-running pension lawsuit
The agreed settlement could end the litigation filed seven years ago, which alleged hedge fund firms and state pension ...
Mohawk Fine Papers pensions taken over by feds
Pensions of Mohawk Fine Papers in Cohoes, terminated by the company in February, were taken over in mid-November by the ...
Verizon Faces Suit Over Pension Risk Transfer to Prudential, RGA
Verizon Communications Inc. was hit with a proposed class action Monday by retirees who say it improperly shifted pension ...
Pensions&Investments3d
Michelle Ostermann's vision for a 'more modern' U.K. pensions lifeboat fund
Ostermann took up the PPF mantle from Oliver Morley, CEO since 2018, who was named CEO of The Money and Pensions Service, a U ...
Seeking Alpha6d
U.S. companies with potential pension risk transfer restructuring opportunities
Credits to Wolfe Research. “Given the significant improvement in pension funding levels and overall higher rate environment of the last several years, companies have been exploring various ...