Loan & Distribution Specialist AimPoint Pension
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Compass
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AimPoint Pension
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Why Longevity Annuities Aren't as Popular with 401(k) Fiduciaries as Regulators Think
Fiduciary News; free registration required Dec. 9, 2014
"Just because a product may be 'pro-consumer' doesn't mean consumers will be pro-product. Longevity Annuities face the same stark behavioral hurdles as other annuities and long-term investing in general.... [O]nce you solve for the insurance product risks, once you get around the financial risk, once you eliminate the behavioral disincentive, you still have to deal with the investment risk."
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