With share prices flat on Wall Street and plan participants increasingly clamoring for more help managing their retirement funds, some investment firms see new opportunities for annuity products in the employer plan market.
Among them, GE Financial recently unveiled a variable annuity product for the individual market that offers a guaranteed return as well as potential upside earnings if investment performance exceeds expectations. Dubbed the GE Retirement Answer, this variable annuity is touted as leveraging the best features of both defined benefit and defined contr