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MetLife Poll Shows Increased Demand for QLACs to be Offered In-Plan

Plan sponsors are expressing interest in qualified longevity annuity contracts as a way help participants protect against longevity risk and inflation. ....

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Majority of plan sponsors concerned future retirees will run out of money

Majority of plan sponsors concerned future retirees will run out of money
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

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Stock Market | FinancialContent Business Page

Stock Market | FinancialContent Business Page
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Industry Intelligence | PLANSPONSOR

Industry Intelligence | PLANSPONSOR
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Majority of U.S. retirees depleting retirement payouts from DC pensions: survey

A third (34 per cent) of U.S. retirees who took a lump sum from their defined contribution pension plan in retirement depleted that sum within an average of five years, according to a new survey by MetLife Inc. “There can be significant drawbacks for retirees when taking a lump sum,” said Melissa Moore, senior vice-president […] ....

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