06.18.26
Pacific Life Debuts Retirement Income-Focused CIT Series
by: Brian Anderson
Pacific Life announced the launch of Income Horizon, a collective investment trust (CIT) series designed to help defined contribution plan participants build guaranteed lifetime income for retirement. It is structured through Matrix Trust Company, a subsidiary of Broadridge Financial Solutions. The solution enables participants to accumulate retirement income over time using income units, offering flexibility, liquidity and clearer planning for lifetime payments during retirement savings. It will be available through the National Securities Clearing Corporation, supporting broader adoption among plan sponsors and advisors seeking scalable retirement income solutions within defined contribution plans ecosystems.
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