Bloomberg Law: Athene-Linked Pension Cases Strike at Need for New DOL Guidance

Bloomberg Law: Athene-Linked Pension Cases Strike at Need for New DOL Guidance

03/26/24

Annuity-only providers such as Athene may be uniquely prone to risks, because they lack the asset diversification individual life insurers enjoy, said Norman Stein, senior policy counsel at the Pension Rights Center, which advocates for the return of more traditional defined-benefit pensions and opposes pension risk transfers.

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