BCG Penbridge is a specialized practice within the Boston Consulting Group (BCG) that provides comprehensive, outsourced solutions for pension risk transfer (PRT). Formed after BCG's acquisition of Penbridge Partners in 2021, the firm combines deep institutional expertise in the PRT market with BCG's global strategic consulting capabilities. BCG Penbridge advises pension plan sponsors through the entire de-risking process, from initial strategy and feasibility analysis to insurer selection and execution of transactions like annuity buyouts and lump-sum offers, aiming to secure pension obligations for plan participants while managing financial risk for the sponsors.