Many companies in different industries are purchasing group annuities to transfer pension risk from their defined benefit (DB) pension plans to insurers. Read about recent transactions and how these companies chose the right de-risking solution for their situation.
Defined benefit pension plan sponsors face many challenges in Canada, sometimes threatening the retirement security of their members. The ever-changing environment leaves pension plans open to financial, political, and regulatory risks. De-risking your pension plan today can help mitigate the situation.