Pension Buyouts: What Can We Learn From the UK Experience?

IB#9-21

The brief’s key findings are:

  • Defined benefit pensions are waning due to financial volatility, regulations, and a changing economy.
  • In the UK, pension buyouts – whereby sponsors pay an insurance company to take over plan assets and liabilities – have emerged to help manage the decline.
  • In the US, policymakers resist buyouts, as they would prefer to stop the decline of defined benefit plans rather than manage it.

The CRR wants to hear from our website users like you. Would be you willing to take a short survey?

Yes, take me to it.       No, thanks.      Not now, but ask me later.