Image shows a man about to enter a lighted room. Legislative changes, product development and an enthusiastic industry are opening the gates to annuity products inside retirement plans.
Still, analysts are cautiously optimistic about the next steps. Challenges remain, said Alison Salka, senior vice president, director of research, for LIMRA and LOMA.
"The gates have opened, and you now have guidelines for portability, which was a question," Salka said. "So the gates have opened, but they haven’t been floodgates, because I think the market is still nascent."Salka will participate today in a session titled, "In-Plan Annuities: Are We at the Tipping […]
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