Guaranteed lifetime income products mark a new era of retirement plan design
Fifty years after the passage of ERISA, the insurance industry has come to the rescue with solutions that allow retirement plans to address the problem of decumulation.
The past 50 years have witnessed intense competition among asset managers, banks, insurance and mutual fund companies to capture market share in the $39 trillion retirement plan marketplace. Each new shift in plan design and product development has created new spheres of dominance for these various
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