An index that tracks the relative attractiveness of annuitizing pension liabilities inched up in September, according to a new report.
Dietrich & Associates Inc., a Plymouth Meeting, Pa.-based provider of institutional annuity brokerage and consulting services, published this finding in the latest release of its Dietrich Pension Risk Transfer Index. The index provides a monthly benchmark regarding the market conditions that affect settlement costs, higher index values indicating a reduction in settlement costs.
On Oct. 1, the index stood at 81.99, up from 81.33 at the same point in September.