Consulting firm Mercer, a wholly-owned subsidiary of Marsh & McLennan Companies, has announced the launch of the Mercer Pension Risk Exchange, a solution that helps plan sponsors execute group annuity buyouts in less time and in a more competitive pricing environment.
The exchange is designed to increase liquidity and price transparency by enabling plan sponsors to continuously monitor pricing and contract terms available in the group annuity market.
The exchange also provides sponsors with greater exposure to a wider array of insurers that could potentially act as transactional counterparts for a buyout. Real-time online annuity pricing and trigger monitoring are also offered, combining a suite of buyout advisory and execution services.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.