Based on its own asset allocation research, the company created a series of educational products and training programs to help financial services companies develop and market retirement products and planning, according to a news release.
The company said its financial planning approach recognizes that so many retirees will have to fund a retirement period much longer than before and may have to do it without Social Security or a company pension plan.
The company said the products include:
- a client brochure, called A New Beginning, and advisor brochure, called Retirement Strategies, that explain the new risks faced in retirement and demonstrate how a combination of investment products and insurance products can lengthen income
- advisor training in the form of instructor-led workshops on retirement income planning
- Role of Immediate Annuities in Retirement, a PowerPoint presentation that demonstrates how to use annuities to optimize retirement income planning
- Retirement Income Strategies, a chart that illustrates that annuitization reduces the chance of running out of money in retirement.
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