As more Baby Boomers reach retirement age, financial services firms will be competing over who will manage the trillions of dollars these folks have socked away in their defined contribution (DC) plans. We anticipate a spirited scramble for assets in the years ahead and insurers will position annuities as one of the best deals available...
An Up-and-Coming Product Line – VAs for Defined Contribution Plans, Rollovers
Steven D. McDonnell