Archive by tag "products"

Guaranteed Minimum Withdrawal Benefit Products

September 11th, 2012

Guaranteed Minimum Withdrawal Benefit products (or GMWB’s) are financial products which have been developed by life insurance companies in the last ten years to respond to 3 important developments: a large number of “baby boomers”, estimated at a third of the total population, will be retiring in the next 10 to 15 years; these “boomers” have [...]

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