NEWPORT BEACH, Calif., March 08, 2023 –( BUSINESS WIRE )–Pacific Life and Franklin Templeton have announced a collaboration to jointly tackle the need for lifetime income for defined contribution plan participants through personalization and insurance solutions.
With the recent passage of the SECURE Act 2.0 and continued focus on supportive regulatory legislation, plan sponsors have shown an increased interest in offering lifetime income solutions to plan participants. Pacific Life and Franklin Templeton are well-positioned to offer innovative solutions that are simple to administer and meet plan participants’ needs.
"We’re excited to deepen our longstanding relationship with Franklin Templeton," said Brian Woolfolk, […]
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