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Nordson buys annuity to transfer $171 million in pension assets

Nordson Corp. purchased a group annuity contract to transfer about $171 million in assets from two of its U.S. pension plans.

United statesLara mahoneyPrudential insurance coNordson corpPrudential insurance

Pension risk transfer notches record first quarter for sales

U.S. corporate pension plan buyout and buy-in sales totaled $5.4 billion last quarter, the highest volume for a first quarter ever recorded.

United statesMark paracerPrudential insurance coPeabody investments corpPension benefit guaranty corporationLake forestMetropolitan tower life insuranceLouis based peabody investmentsPrudential insurance

Prudential to sell Pennsylvania office & data center to BET Investment

Prudential to sell Pennsylvania office & data center to BET Investment
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United statesUpper dublinMichael markmanPrudential insurance coInvestments incPrudential insuranceBiz journalRoad upper dublinCentral atlanticNorth americaNorth american

Peabody Investments buys group annuity contract for $500 million

Peabody said the buy-in deal with Prudential Insurance Co. of America will cover its U.S. pension plan liabilities.

United statesPrudential insurance coOfficials at peabody energyPeabody investments corpPeabody energy corpPrudential insurancePeabody energyPeabody investmentsRetirement plan

Timber Operators Council chops $245 million in pension liabilities

Timber Operators Council Retirement Plan and Trust purchased a group annuity contract from Prudential Insurance Co. of America.

United statesBrandon dionTimber operators council retirement planPrudential insurance coPrudential insurance

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