Pacific Life’s Deferred Annuity Offering Enhances Retirement Income Program for Wespath
Willis Towers Watson Public Limited Company - Ordinary Shares (WTW)
Last willis towers watson public limited company - ordinary shares earnings: 2/26 04:05 pm
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Source: Business Wire
Qualifying Longevity Annuity Contract Provides Lifetime Income Option NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Pacific Life today announced a new collaboration with Wespath Benefits and Investments and WTW (formerly Willis Towers Watson) to provide the qualifying longevity annuity contract (QLAC) option in Wespath’s enhanced LifeStage Retirement Income program.The program provides participants with a new interactive retirement income modeling tool, an optional social security bridge, and an optional QLAC.“We believe that the unique solution Wespath developed will provide enhanced lifetime income security for participants in retirement,” said Paul Hance, senior vice president and head of the Customer Solutions Group for Pacific Life’s Institutional Division.“The LifeStage Retirement Income program provides features that few, if any, financial services firms offer in a packaged manner,” said Martin Bauer, senior managing director, Wespath Benefit Plans. “We’re particularly pleased to
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