by Ted Godbout This article was originally posted by NAPA. Dave Paulsen, recently named Chief Executive Officer (CEO) of lifetime income design and technology firm ARS, has a message to share about lifetime income—and why he feels its offering is unique. Since joining ARS at its inception in 2020, Paulsen has lead efforts to promote and expand the company’s Lifetime…
The former head of distribution will lead the retirement income design company that has partnered with State Street on an in-plan lifetime income builder. by Natalie Lin This article was originally posted by Plan Adviser. Advantage Retirement Solutions LLC, a lifetime income design and technology company better known as ARS, announced Tuesday that Dave Paulsen…
Automated, personalized advice will include State Street income builder target-date funds to incorporate lifetime income options. by Alex Ortolani This article was originally posted by Plan Adviser. LeafHouse, iJoin, and Advantage Retirement Solutions have teamed up to offer a new managed account that features State Street’s target-date funds with a lifetime income component. The Automated…
This article was originally posted by the National Association of Plan Advisors. by Ted Godbout LeafHouse, iJoin, and ARS have announced a new partnership to deliver a technology-driven solution that provides a personalized savings and income experience for participants within a managed account offering. Named the Automated Personalized Portfolio™ (APP) program, LeafHouse will be the…
This article was originally posted by NAPA. Transamerica is adding the State Street GTC Retirement Income Builder (the Series) to its recordkeeping platform, joining State Street Global Advisors (SSGA), Global Trust Company (GTC) and ARS (previously Annexus Retirement Solutions) in offering a target date fund (TDF) with an embedded income solution. According to the…
This article was originally posted by Plan Adviser. By Alex Ortolani With the announcement, Transamerica becomes the first recordkeeper to offer State Street’s TDF with an embedded annuity, while ADP adds Income Solutions from Hueler. Recordkeepers Transamerica Corp. and ADP Inc. both announced separate retirement income options with annuities that will now be available to…
By Charles E.F. Millard This article was originally published by NAPA. Retirement Income During its strike, one of the UAW’s demands has been that the auto companies restore traditional pensions. Less well-known, but noted in published reports, is that the negotiations have also contemplated adding a lifetime income option in their 401(k) plans. It should…
By Dave Paulsen This article was originally published by WealthManagement. With low levels of savings and the rise in longevity, Americans are facing a retirement income crisis. An estimated 50% of U.S. retirees are at risk of being unable to maintain their pre-retirement standard of living based on current savings levels.* Additionally, most investors don’t…
This article was originally published by PR Newswire. SCOTTSDALE, Ariz., July 12, 2023 – Annexus Retirement Solutions (ARS) has been named a finalist in the Wealth Management Industry Award category: In-plan Retirement Income – Product or Service, for its lifetime income solution, Lifetime Income Builder, along with its proprietary middleware solution, the Annexus Retirement Data Exchange (ARDX). These…
By John Manganaro This article was originally published by Think Advisor. State Street Global Advisors grabbed investment industry headlines in April with the launch of a new series of retirement-focused funds developed alongside Global Trust Co. and Annexus Retirement Solutions. In revealing their collaboration, leaders at the firms said the target date fund series is…