Tag: Guaranteed income

ERIC Pushes for Annuity Safe Harbor

The ERISA Industry Committee (ERIC) urged the U.S. Department of Labor (DoL) against requiring sponsors to feature annuities as distribution options and toward providing a genuine safe harbor for the selection of an annuity provider.

ING Adds Variable Annuity to Product Suite

ING's U.S. operations, which merged its annuity and rollover businesses to form ING Financial Solutions last year, has added what it said is a simpler, lower-cost variable annuity to its product suite.