November 24, 2010, Cover Stories, Annuities, 401(k)/IRA
Good Day at BlackRock
BlackRock will use the SPARK Institute's new IT standards to deliver the LifePath in-plan income solution--a deferred income annuity in a target-date fund of funds. “That’s a very important step in the evolution of these products in the marketplace,” said BlackRock's Chip Castille (above).
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