IBM, dogged by complaints about changes it made to its employee pension plan in the 1990s, is planning to close the plan to new employees at the end of the year and give all new workers a 401(k) plan ...
Prudential Staff Pension Scheme, Chelmsford, England, has entered into a £3.7 billion ($4.8 billion) longevity swap with Pacific Life Re. The swap is the first pension risk transfer transaction for ...
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