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June 1, 2011, 401(k)/IRA, Company/Trade Group News, News

New York Life launches GPA (It doesn’t mean grade point average)

By Editorial Staff   Tue, May 31, 2011

Smaller defined benefit pension plans are adopting a liability-driven investment model that resembles the three-bucket system used by retirees to provide income. New York Life has designed a fixed income option for the first bucket.


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