In a world of high funding ratios, PRT planning today is a must for corporate DB plan CIOs to navigate through the asset allocation challenges that may lie ahead.
With corporate defined benefit (DB) plans wanting to de-risk, Michelle Teng, PhD, CFA, CAIA of PGIM Institutional Advisory & Solutions (IAS) explores the role of PRT transactions. Read the research: https://on.pru/4bxe37Y