Financial firms team up to launch target date fund embedding an in-plan income solution benefiting all parties in the DC value chain By Brian Anderson This article was originally published by 401k Specialist. Annexus Retirement Solutions is joining forces with State Street Global Advisors to develop a target-date fund (TDF) with an embedded income solution…
The new target date fund series will ‘help plan participants optimize accumulation during their working years and maximize lifetime income in retirement’ By John Sullivan This article was originally published by 401k Specialist Three heavyweights in the in-plan income space have teamed together to announce a new lifetime income target-date series. The NCIT American Funds…
Nationwide and Annexus are teaming up to promote in-plan annuities to employer-sponsored retirement plans. By Allison Bell This article was originally published by Think Advisor he companies have joined with Capital Group — the parent of American Funds — to introduce the NCIT American Funds Lifetime Income Builder Target Date Series funds. The new TDF…