AllianceBernstein Expands Retirement Income Offerings with AB Secure Income Portfolio [Yahoo! Finance]
AllianceBernstein Holding L.P. Units (AB)
Last alliancebernstein holding l.p. units earnings: 4/28 06:20 am
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Source: Yahoo! Finance
under management, today announced the expansion of its retirement income offerings with the AB Secure Income Portfolio. This solution will enable Defined Contribution (DC) plans to offer an investment option that delivers guaranteed retirement income to participants without changing their target-date provider, including as a part of a Qualified Default Investment Alternative (QDIA). The AB Secure Income Portfolio is a professionally managed option that seeks to provide income for life* and higher exposure to growth assets in retirement years than with typical target-date funds, while also providing participants liquidity and access to their assets. This solution is designed for flexible implementation, adapting to plans' diverse needs and preferences—whether it's alongside a plan's existing target-date fund, as an allocation in a managed account or in a "do-it-yourself" approach, with participants selecting AB's Secure Income Portfolio from their plan's core menu. The portfolio is c
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AB
Earnings
- 4/25/24 - Beat
AB
Sec Filings
- 5/15/24 - Form 8-K
- 5/9/24 - Form 8-K
- 4/25/24 - Form 8-K
- AB's page on the SEC website