Ameritas Life Insurance has acquired BlueStar Retirement Services, a Ponte Vedra Beach, Florida-based record keeper and third-party administrator. Terms of the deal were not disclosed.
In addition to traditional 401(k) plans, BlueStar is a provider of multiple employer plans, serving about 75,000 participants and administering more than $4 billion in plan assets.
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Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
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