Elevate in-plan lifetime income conversations
Assessing the breadth of lifetime income solutions can be challenging for plan advisors. But becoming educated on each solution’s unique benefits and limitations is a strategic way to differentiate yourself from other plan advisors and boost your value to plan sponsors.
NAVIGATE THE LANDSCAPE
Our team has developed a suite of resources to help you understand the history of lifetime income solutions, analyze the different types of annuities and confidently recommend solutions to plan sponsors.
Following specific steps as you meet with solution providers and make recommendations to plan sponsors can help ensure you’re meeting your fiduciary obligations under ERISA.
The plan advisor’s role in reviewing and presenting recommendations to their plan-sponsor clients includes a series of steps, which begins with understanding the basics.
While many concepts from the retail annuity market are the same in the retirement plan space, there are also many differences.
Talking to plan sponsors about options for retirement plans requires asking clarifying questions and categorizing options based on the needs of the plan and its participants.