Friday, April 17, 2009

 

Prudential Combo Product Puts Bet on Target-Date Funds

Given strong demand for retirement products that offer downside protection and growth potential, target-date funds and annuities would seem a great match.

But many insurers remain leery of target-date funds, analysts said. They said Prudential Retirement is the first to offer a product that combines them with annuities.

Prudential Combo Product Puts Bet on Target-Date Funds
Source: Financial-Planning.com

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