GLOBAL - Towers Watson has completed over $1bn in transactions involving multinationals using their in-house insurance companies to fund pensions, the consultancy said.
The move involves using an outside insurance company to meet the benefit obligations of a defined benefit plan. The insurance company then reinsures the policy to the company's captive insurer - it...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date