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GLWB Update – Newest Riders Contain Risk-Related Components

Steven D. McDonnell

There’s little doubt variable annuity insurers are carefully monitoring their benefit risk levels, leading them to come out with new Guaranteed Lifetime Withdrawal Benefits (GLWBs) with elements that will make adjustments to ward off the effects of any combination of factors, such as downward market movements, or spikes in volatility and interest rates...

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