Fund firms enlist insurers to craft retirement income products
Several money managers are scrambling to design investment options embedded with annuities or income guarantees in what they hope will be the next major evolution in defined-contribution plans.
Several money managers are scrambling to design investment options embedded with annuities or income guarantees in what they hope will be the next major evolution in defined-contribution plans.
So far, though, they are having a tough time winning over clients. But the timing should be perfe
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