Alight, a leading cloud-based human capital and technology services provider, announced the successful onboarding of its 200th pension risk transfer (PRT) transaction, marking a major achievement in the company’s journey to modernize retirement services for employers and insurers.
As defined benefit plans continue to evolve, more organizations are turning to PRT solutions to reduce long-term liabilities while ensuring retirees maintain consistent benefits. Alight’s platform plays a pivotal role in this process by facilitating seamless transitions from corporate pension plans to insurance carriers, enhancing the participant experience and providing operational stability.
With its deep expertise in pension administration and proprietary technology, Alight has become a trusted partner for insurers and employers navigating the complexities of risk transfer deals. The platform supports onboarding for a wide range of annuity placements, streamlining the delivery of benefits to retirees while meeting stringent compliance and service standards.
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Alight’s continued growth in the PRT space aligns with broader industry trends, as more employers seek to manage pension obligations through de-risking strategies. The company’s technology-first approach has enabled it to scale operations while maintaining personalized support for plan participants.
With this latest transaction, Alight reinforces its position as a key enabler in the retirement ecosystem, empowering clients to manage risk and deliver security for retirees in an ever-changing economic landscape.
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