With a push for fixed income products, there is n shock that BlackRock is putting annuities in American workers\u2019 401(k)Plan.<\/p>\n\n\n\n
The investment giant said five employers have signed up for a new retirement product that will allow workers to lifetime annuity payments.<\/p>\n\n\n\n
BlackRock\u2019s offering is interested because there are a major asset and isn\u2019t an insurance company; the annuities in its plan will be issued initially by insurers Brighthouse Financial Inc. and Equitable Holdings Inc. The annuities will be part of a new series of BlackRock target-date fund offerings. <\/p>\n
<\/span><\/p>","protected":false},"excerpt":{"rendered":" With a push for fixed income products, there is n shock that BlackRock is putting annuities in American workers\u2019 401(k)Plan. The investment giant said five employers have signed up for a new retirement product that will allow workers to lifetime annuity … Continue reading