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Insurers Start Plotting New Approaches With Variable Annuity GLWBs

Steven D. McDonnell

The variable annuity living benefits arms race is certainly dying down in most quarters, however we think the most common feature being sold, the Guaranteed Lifetime Withdrawal Benefit (GLWB), will remain important in the scheme of things over the foreseeable future, especially since a few insurers are keeping pretty generous guarantees in play...

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