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Employee Benefits

Pension risk transfer activity increased in 2022: Aon

March 31, 2023 Reprints

Rising interest rates drove a jump in pension risk transfer activity in 2022, as these transactions totaled $52 billion in premiums last year, which was the highest total in the decade Aon PLC has been tracking the information, Plansponsor reports. A total of 568 pension risk transfer transactions were made last year, with International Business Machines Corp. leading this activity by completing a $16 billion retiree lift-out in September 2022.

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Pension risk transfer activity increased in 2022: Aon

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