F&G Annuities & Life Inc

NYSE:FGUnited States

Nov 8, 2024

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• DJ My Pension Became An Annuity. Here's What I Learned. -- Barron's, from 9:30PM ET on Friday Nov 08, 2024 by Dow Jones

  9:30PM ET on Friday Nov 08, 2024 by Dow Jones
  Companies Mentioned: NXST, GHC, FG
  
  By Allan Sloan
  
  One of the more interesting moves that companies are making these days is "derisking" themselves by converting employees' pensions into annuities.
  
  While this maneuver reduces risks for companies, it creates a risk for pensioners. That's because pensions are guaranteed by the federal Pension Benefit Guaranty Corp., or PBGC, while annuities are guaranteed only by the issuing insurance company. And even though state guarantee corporations back insurance companies, that's not the same as a federal government guarantee.
  

• DJ F&G Annuities & Life Is Maintained at Equal-Weight by Barclays, from 1:41PM ET on Friday Nov 08, 2024 by Dow Jones

  1:41PM ET on Friday Nov 08, 2024 by Dow Jones
  Companies Mentioned: FG
  
  Ratings actions from Benzinga: https://www.benzinga.com/quote/FG/analyst-ratings
  
  (END) Dow Jones Newswires
  
  November 08, 2024 13:41 ET (18:41 GMT)
  

• DJ My Pension Became an Annuity. Here's What I Learned About the Risks. -- Barrons.com, from 3:00AM ET on Friday Nov 08, 2024 by Dow Jones

  3:00AM ET on Friday Nov 08, 2024 by Dow Jones
  Companies Mentioned: NXST, GHC, FG
  
  By Allan Sloan
  
  One of the more interesting moves that companies are making these days is "derisking" themselves by converting employees' pensions into annuities.
  
  While this maneuver reduces risks for companies, it creates a risk for pensioners. That's because pensions are guaranteed by the federal Pension Benefit Guaranty Corp., or PBGC, while annuities are guaranteed only by the issuing insurance company. And even though state guarantee corporations back insurance companies, that's not the same as a federal government guarantee.