25. Pacific Life’s Paul Hance on Defined Contribution Lifetime Income

The Wave Strength by Pacific Life
23/01/2023 16 min Temporada 3 Episodio 25

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Episode Synopsis

For the 6% of Americans who work in financial services, defined contribution lifetime income (DCLI) may seem like an obvious solution to fund retirement. But for the remaining 94% who are outside of the financial services bubble, DCLI might need a little explaining. On the latest episode of The Wave Strength, Paul Hance, Pacific Life’s chief financial officer for the Institutional Division, highlights the need for education to help plan participants understand DCLI benefits.

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