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LIMRA Study Shows Pension Risk Transfers Skyrocket

By NAIFA on 6/14/24 2:37 PM

A study released on June 6 by the Life Insurance Marketing and Research Association (LIMRA) shows a 25 percent increase in pension risk transfer contracts in the first quarter of this year. A LIMRA statement discussing the study pointed to a record $14.6 billion in 146 contracts in companies shifting their lifetime pension obligations to annuities.

Topics: LIMRA Congress DOL Fiduciary