Are defined contribution plan sponsors interested in offering in-plan annuities?

Matthew Drinkwater, Ph.D., FSRI, FLMI, AFSI, PCS 10/25/2023
Are defined contribution plan sponsors interested in offering in-plan annuities?
The vast majority of defined contribution (DC) plans have no in-plan option for generating lifetime-guaranteed income for retiring employees. In mid-2023, LIMRA surveyed DC plan sponsors in order to understand their perspectives regarding the in-plan annuity market today, and to identify opportunities for insurers and other stakeholders. Among the questions addressed in the study: