By Dave Paulsen This article was originally published by 401(K) Specialist Annuities have been part of successful individual retirement income strategies for a long time. But the adoption of income solutions has eluded the institutional market for decades. This is because the design of these first-generation income solutions has been fundamentally flawed, creating the following…
The firm says the formal launch of Annexus Retirement Solutions precedes the rollout of innovative in-plan retirement income solutions in 2021. By John Manganaro This article was originally published by Plan Adviser. Annexus has announced the launch of a venture called “Annexus Retirement Solutions,” a new division that will focus on “re-engineering” the target-date fund (TDF)…
There has been a growing sense of urgency among defined contribution stakeholders By John SullivanThis article was originally published by 401(K) Specialist Annexus will begin offering annuities in target date funds, the company announced Tuesday, part of an effort to include lifetime income as part of defined contribution plans, “a necessary innovation that has eluded…
While Annexus is not yet ready to discuss specific products, it has filed six patents to bring retirement income products into the 401(k) space. By Diana BrittonThis article was originally published by Wealth Management Scottsdale, Ariz.-based Annexus, which designs retirement income products, has launched a new division dedicated to building guaranteed retirement income products using…
Annexus Retirement Solutions has developed an innovative solution to deliver lifetime income through defined contribution plans SCOTTSDALE, Ariz. December 15, 2020 – In response to the growing retirement income crisis, today Annexus – the leading designer of retirement income products – announced the launch of Annexus Retirement Solutions. This new venture has focused on reengineering…
The new division of Annexus will focus on “re-engineering” target-date fund (TDF) structures to better enable guaranteed lifetime income as part of defined contribution (DC) plans. By John ManganaroThis article was originally published by PLANSPONSOR.com Annexus has announced the launch of a venture called “Annexus Retirement Solutions,” a new division that will focus on “re-engineering” the…
By Charles E.F. MillardThis article was originally published by National Association of Plan Advisors When the SECURE Act was signed into law in December of 2019, it seemed that plan sponsors would be focused on lifetime income solutions in 2020. Instead, the COVID-19 crisis struck. Since then, asset managers, recordkeepers, insurance companies, and consultants have…
By Charles E.F. MillardThis article was originally published by Pensions & Investments There are three characteristics necessary for a sound retirement system: sustainability, professional liability-focused investment management and pooling of risks. These are the traits that make a retirement system work. Unfortunately, the 401(k) system in the U.S. currently lacks each of these traits. The…