CAMRADATA Launches First Pension Risk Transfer Database to Serve U.S. Defined Benefit Plan Sponsors and Advisors

Sep 26, 2011, 12:00 ET from CAMRADATA Analytical Services

NEW YORK, Sept. 26, 2011 /PRNewswire/ -- CAMRADATA Analytical Services announced today the launch of a new pension risk transfer (PRT) product database to complement its existing range of global asset management product information on CAMRADATA Live, the company's online institutional product database.

The PRT database provides registered users with an independent source for insurance company organizational information, pension buy-in and buy-out product fact sheets and screening tools, pricing data, up-to-date information on each PRT provider's financial strength and relevant industry research.

The PRT database is supported by participating providers, including American General Life Companies, MetLife, Pacific Life, Principal Financial Group, Prudential, Transamerica and United of Omaha.

US Regional Head of CAMRADATA Steve Keating said: "It is possible to effectively de-risk defined benefit plans with annuity buy-in and buy-out solutions. The key questions are how, when, with whom and at what cost? We have developed the PRT product database to help plan sponsors and advisors get the information they need to answer these questions.

"The first US pension buy-in transaction was announced recently and we suspect there are many more plan sponsors considering some type of PRT solution. The PRT database provides an industry-wide view on the risk transfer solutions currently available to plan sponsors and their advisors in the US market."

Registered users will be able to request pension buy-in and buy-out quotes directly from providers and exchange ideas and share views with industry practitioners via a blog. Additional tools and functionality will be added over time as CAMRADATA makes the PRT database an increasingly valuable resource for plan sponsors and their advisors.

Editor's notes


CAMRADATA is focused on innovating for the institutional investment market in Europe and North America. Products and services are targeted towards the needs of pension plan sponsors, pension consultants, asset managers and insurance companies.

The company's database provides an integrated solution for collecting, managing and analysing asset manager and insurance company product information. It is used by more than 500 institutional investors and pension consultants in Europe and North America. Data includes qualitative and quantitative information from nearly 600 product providers, covering more than 4,200 institutional investment and insurance products.

SOURCE CAMRADATA Analytical Services