Retirement
Mercer launches game changer for annuity market
Mercer is applying for a global patent for a group self-annuitisation product that already has three major super funds signed up for launch in 2015. At a fee of 40bps the product is intended to provide better value for money than lifetime annuities where investment gains above the amount needed to meet guaranteed payments are […]
David RowleyOctober 30, 2014