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…
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…
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…
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…
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…
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…
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…
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…
By John Manganaro This article was originally posted by Think Advisor. State Street Global Advisors has announced the launch of a new target-date fund series designed to deliver “automatic retirement income” for mass-market investors in workplace defined-contribution retirement plans. Leaders from the firm, which is launching the TDF series in collaboration with Global Trust Company…
This article was originally posted by PR Newswire. Scottsdale, Arizona, March 16, 2023 – Annexus Retirement Solutions (ARS), a designer of institutional lifetime income solutions, announces its partnership with iJoin, a leading retirement plan engagement platform provider, to develop infrastructure to support ARS’ patent-pending solution, Lifetime Income Builder. The collaboration creates opportunity for iJoin’s 50+…