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'Engineering' the Use of Individual Annuities in DC Lifetime Income Programs
The Business of Benefits 
Dec. 16, 2022 "[A] large number of insurance companies have developed two different sets of internal compliance and administrative processes, one which which applies to individual annuities ... and another, separate set of them which applies to group annuities ... For the valuable, well established, elements of the individual annuity retirement income space to successfully 'crossover' into the DC Lifetime Income market, the group annuity 'infrastructure' needs to be exported to the individual product side of things.... [A]ligning these products with new infrastructure is not necessarily a simple task." MORE >> |
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