Group pension buy-outs are usually seasonal, with the most activity happening in the fourth quarter, but industry analysts are seeing a trend toward more sales throughout the year.
Sales of group pension buy-outs reached a record high in the second quarter, jumping 700% from the second quarter of 2014. Pension buy-out sales were $3.8 billion, the highest sales recorded in the second quarter going back to the early 1990s, according to the LIMRA Secure Retirement Institute.
Register or login for access to this item and much more
All Employee Benefit News content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access