The Beatles and the pension risk transfer
February 01, 2011
By Brent Simmons and Peter Muldowney
The UK has a long history of creativity and innovation in the music industry – the Beatles being a famous example. Their innovation in the pension world is perhaps a lesser known fact, but worthy of singing its praises.
Developments in de-risking solutions for defined benefit (DB) plans – including pension risk transfers from the plan sponsor to an insurance company – are innovations that Canadian plan sponsors can now also benefit from.
