Tuesday, November 17, 2009

 

Manning & Napier eye guaranteed-income 401(k) market

Manning & Napier Advisors, Inc. is examining the possibility of developing a guaranteed income product for the defined contribution plan market.

The firm is in preliminary discussions about how an insurance company could put a wrapper around one or more of its funds to provide a source of lifetime income to retirees, said Patrick Cunningham, managing director at the firm...

Investment News: Manning & Napier eye guaranteed-income 401(k) market

This page is powered by Blogger. Isn't yours?