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/PRNewswire/ Consistent with its mission of enhancing retirement outcomes, DCALTA (the Defined Contribution Alternatives Association) has partnered with. ....
Defined Contribution Alternatives Association Appoints New Executive Committee Members DCALTA furthers mission to enhance retirement outcomes with 2021 committee appointments. News provided by Share this article Share this article PORT ORANGE, Fla., Jan. 28, 2021 /PRNewswire/ Defined Contribution Alternatives Association (DCALTA) announced today the appointment of four experienced finance and investment professionals from its Board of Directors to a new Executive Committee that will guide DCALTA`s strategic direction as the organization continues to grow in membership. The new executive committee members are: Serge Boccassini, Head of Global Product Management at Northern Trust, will serve as Chairman. Alain Michnick, Head of Defined Contribution Sales at FTSE Russell, will serve as Vice Chairman. ....
Nationwide Announces New Suite of In-Plan Annuities Nationwide has introduced Nationwide Indexed Principal Protection, an in-plan group fixed indexed annuity, the first of a suite of in-plan annuities that are set to be launched over the course of 2021. This new investment option can provide the potential for growth based on the return of a market index while also providing principal protection. Additionally, there are no investment minimums for participants wanting to allocate to this new option. “Participants, especially those nearing retirement, are looking for ways to protect their investments given recent market volatility. At the same time, they realize they still need growth in order to outpace inflation,” says Eric Stevenson, president of Nationwide Retirement Plans. “Nationwide Indexed Principal Protection is one of the first fixed indexed annuities to be offered as an in-plan annuity that can help participants address both of these needs.” ....