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Change the Way You Look at Defined Benefit Plans.

In an industry where confusion and skepticism run high, we’re building a refreshingly new approach—one based on innovation, understanding and transparency.

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Retirement Plans and
Client Relationships…Redefined

Innovation

We design innovative solutions that fit both the urgent needs of today and the impending needs of the future.

Transparency

Operating with full openness, we’re lifting the veil of mystery that shrouds the Defined Benefit landscape to give you a refreshing level of insight into your plan.

Clarity

In a volatile industry, we’re building a new understanding about where the Defined Benefit market is headed and how your DB plan can evolve to deliver more.

Our Approach

Building Great Relationships

Before working with October Three, our participants received an annual statement stating their balance and that was it. Now, through the Daily platform, we are able to minimize our workload in managing the plan and our participants love the self-service capabilities it offers.

October Three works with clients of every size in nearly every industry. Our business is built on forging strong relationships and delivering value and positive results to the clients we serve.

Our Perspective

March 2020 Pension Finance Update

Tumbling stock markets dealt another blow to pension sponsors in March. Both model plans we track[1] lost ground: Plan A lost 3% in March, ending the quarter 13% lower than at the end of 2019, while Plan B slipped more than 1% and is now down more than 4% for the year: Assets Falling stock markets…

Markets 2020 – effect on PBGC variable-rate premiums and strategies to reduce them

Many plan sponsors’ funding policy – and the response to current interest rate and asset declines – is likely to be framed with a view to reducing so far as possible PBGC variable-rate premiums. For most plans, 2021 PBGC variable-rate premiums are going up significantly – for a $100 million plan, next year's premium could jump around $500,000.

Annuity Purchase Update: March 2020 Interest Rates

A decrease in rates led to a corresponding increase in annuity purchase prices. For plan sponsors wishing to settle liabilities in 2020, we believe marketing your liability to the PRT market as soon as possible to be a prudent measure.

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