DB PLAN SPONSORS FACE UNPRECEDENTED RISK
Financial-market turmoil as well as regulatory, accounting, and funding reforms have significantly increased pressure on defined benefit (DB) pension plan sponsors.
Sponsors who may previously have maintained robust, well-funded plans are now confronted with:
- Considerable plan deficits;
- Rising sponsor contributions; and
- Escalating stakeholder concern regarding the plan's exposure to risk.
For many plan sponsors, the time to rethink risk is now.
PRUDENTIAL OFFERS INNOVATIVE STRATEGIES
Prudential strives to be the preferred provider of risk transfer strategies for U.S. plan sponsors.
Prudential is financially strong and well positioned to deliver flexible, innovative options that combine our core strengths in insurance and asset management. Our Pension Risk Transfer team delivers complete or partial risk transfer strategies that provide additional layers of protection for plan sponsors and their participants.
What's more, our strategies can be used effectively by all kinds of DB plans—whether under-funded or well-funded—whenever the goal is to reduce risk. As sponsors look down the path to reducing risk in their pension plans, Prudential stands ready to assist.
Prudential completes pension risk transfer agreements with General Motors Co. and Verizon Communications Inc.
Click here to read the General Motors Co. press release
Click here to read the Verizon Communications Inc. press release
PLANSPONSOR's 20/20 Vision names 20 institutional leaders of the past 20 years.
Prudential wins Industry Innovation Award from aiCIO in 2011 and 2012.
Creating a Clear Path to Pension Plan De-Risking
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