Transamerica to Offer State Street’s TD Series with Lifetime Income Solution
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Transamerica to Offer State Street’s TD Series with Lifetime Income Solution

This article was originally posted by NAPA. Transamerica is adding the State Street GTC Retirement Income Builder (the Series) to its recordkeeping platform, joining State Street Global Advisors (SSGA), Global Trust Company (GTC) and ARS (previously Annexus Retirement Solutions) in offering a target date fund (TDF) with an embedded income solution.   According to the…

Transamerica, ADP Each Add In-Retirement Plan Annuity Options
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Transamerica, ADP Each Add In-Retirement Plan Annuity Options

This article was originally posted by Plan Adviser. By Alex Ortolani With the announcement, Transamerica becomes the first recordkeeper to offer State Street’s TDF with an embedded annuity, while ADP adds Income Solutions from Hueler. Recordkeepers Transamerica Corp. and ADP Inc. both announced separate retirement income options with annuities that will now be available to…

Transamerica Teams with State Street Global Advisors to Help More Americans Become Retirement Ready
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Transamerica Teams with State Street Global Advisors to Help More Americans Become Retirement Ready

This article was originally posted by PR Newswire. The recordkeeping powerhouse joins a consortium of industry leaders to deliver lifetime income through innovative target date series SCOTTSDALE, Ariz, November 9, 2023 –  ARS (previously Annexus Retirement Solutions) announced today that Transamerica is adding the State Street GTC Retirement Income Builder (the Series) to its recordkeeping…

One Piece of a UAW Strike Solution: Lifetime Income
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One Piece of a UAW Strike Solution: Lifetime Income

By Charles E.F. Millard This article was originally published by NAPA. Retirement Income During its strike, one of the UAW’s demands has been that the auto companies restore traditional pensions. Less well-known, but noted in published reports, is that the negotiations have also contemplated adding a lifetime income option in their 401(k) plans. It should…

Innovation Is the Answer: Envisioning a New Approach to the Retirement Income Crisis
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Innovation Is the Answer: Envisioning a New Approach to the Retirement Income Crisis

By Dave Paulsen This article was originally published by WealthManagement. With low levels of savings and the rise in longevity, Americans are facing a retirement income crisis. An estimated 50% of U.S. retirees are at risk of being unable to maintain their pre-retirement standard of living based on current savings levels.* Additionally, most investors don’t…

Annexus Retirement Solutions named finalist in Wealth Management’s “Wealthies” awards for industry-changing innovation
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Annexus Retirement Solutions named finalist in Wealth Management’s “Wealthies” awards for industry-changing innovation

This article was originally published by PR Newswire. SCOTTSDALE, Ariz., July 12, 2023 – Annexus Retirement Solutions (ARS) has been named a finalist in the Wealth Management Industry Award category: In-plan Retirement Income – Product or Service, for its lifetime income solution, Lifetime Income Builder, along with its proprietary middleware solution, the Annexus Retirement Data Exchange (ARDX). These…

In-Plan Income Has Arrived (and It’s Coming for Your Rollovers)
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In-Plan Income Has Arrived (and It’s Coming for Your Rollovers)

By John Manganaro This article was originally published by Think Advisor. State Street Global Advisors grabbed investment industry headlines in April with the launch of a new series of retirement-focused funds developed alongside Global Trust Co. and Annexus Retirement Solutions. In revealing their collaboration, leaders at the firms said the target date fund series is…

State Street Global Advisors, Global Trust Company, and Annexus Retirement Solutions Launch Target Date Series That Aims to Deliver Lifetime Income
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State Street Global Advisors, Global Trust Company, and Annexus Retirement Solutions Launch Target Date Series That Aims to Deliver Lifetime Income

This article was originally posted by PR Newswire. This innovative, low-cost solution is helping redefine how the industry delivers in-plan income SCOTTSDALE, AZ April 19, 2023 – Global Trust Company (GTC), along with State Street Global Advisors the world’s fourth largest asset manager1, and Annexus Retirement Solutions, a designer of institutional lifetime income products, announce…

State Street Embeds Annuity in New Target Date Series
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State Street Embeds Annuity in New Target Date Series

By Brian Anderson This article was originally published by 401(k) Specialist. State Street Global Advisors is launching a new target date series that lets 401(k) participants convert their retirement nest eggs into a steady stream of retirement income via an annuity. Global Trust Company (GTC), along with State Street and Annexus Retirement Solutions, a designer…

State Street Partners with Annexus For Retirement Income TDF
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State Street Partners with Annexus For Retirement Income TDF

By Alex Ortolani This article was originally published by Plan Sponsor. State Street Global Advisors has partnered with Annexus Retirement Solutions on a target-date fund series with a retirement income annuity, the companies announced Wednesday. The State Street GTC Retirement Income Builder Series will come with Annexus Retirement Solutions’ embedded Lifetime Income Builder annuity in the TDF’s…