BlackRock to mix target-dates and annuities
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The product is designed to be fully liquid and includes contracts from two insurers
BlackRock is taking another stab at the combination of target-date funds and annuities, on Wednesday, announcing a new product in conjunction with Equitable and Brighthouse Financial.
The product, LifePath Paycheck, is fully liquid, according to BlackRock, and it includes fixed annuity contracts
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