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Ratcheting Rates – Insurers Develop GLWBs with Adjustable Withdrawals

Steven D. McDonnell

The stream of variable annuity-related filings moving through the SEC has been speeding up of late, and a common theme we keep noticing is that insurers are building in new forms of flexibility to their products, especially to lifetime withdrawal benefits, and we have no doubt risk management is at the heart of these decisions...

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