News | 05.04.22
New Broadridge Consortium to Push for Annuities in Retirement Plans
Broadridge Financial Solutions announced the formation of a consortium of firms to “accelerate” the adoption of guaranteed income solutions in retirement plans. The consortium includes AllianceBernstein, Allianz, BlackRock, Income America, Nationwide, Principal Financial Group, Prudential Financial and TIAA-Nuveen. The consortium’s goal is to “create a due diligence framework for retirement income solution evaluation and as a forum to work with retirement income solution providers and others to better educate advisors and plan sponsors,” Broadridge stated.
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