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'Gates Have Opened' for In-Plan Annuities, LIMRA Analyst Says
InsuranceNewsNet.com 
Oct. 24, 2023 "Legislative changes, product development and an enthusiastic industry are opening the gates to annuity products inside retirement plans.... Complexity and availability remain the two biggest hurdles ... Thirty percent of advisors said the products are 'difficult for a sponsor to understand,' while another 28% said 'products are not available on all recordkeeping platforms.' Not surprisingly, better-educated advisors is a big key to connecting lifetime income products with eager plan participants." |
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