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GLWB Movements – Answering the Competition, Preparing for Next Year

Steven D. McDonnell

It’s our feeling that newer variable annuity lifetime withdrawal benefits getting filed of late – plus various modifications to existing ones – are being introduced this quarter to “prime the pump” for next year. Barring any sudden jolts to the financial markets, the points of competition in the industry should remain fairly consistent for the foreseeable future...

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