08.05.25
Apollo, Athene Push for a Reimagined Defined Benefit
by: John Hilton
Apollo Global Management CEO Marc Rowan sees a major opportunity in reimagining retirement plans around guaranteed lifetime income, calling it the industry’s “holy grail.” Speaking during a conference call with Wall Street analysts, Rowan highlighted Athene — Apollo’s top annuity seller with $9.5 billion in sales during the first quarter — as a key growth driver.
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