“If those two lads find that thing then it’s just up to me to steer them, guide them towards it. But I’m not going to overthink it, either. I mean, they’ll probably both end up working for me. “The economic impact of the COVID 19 pandemic should slow down the volume of pension risk transfer deals in the short term as funding levels have fallen sharply since year end 2019,” noted Paracer. “Additionally, the uncertain timing of the recovery may give some employers reason to pause. However, the costs of the PBGC premiums and administration costs will continue to drive companies toward pension risk transfer deals.

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