Researchers say the cost to support each cohort could approach $1-trillion.
The insurer offers the advanced life deferred annuity (ALDA) through the network of individual savings advisors.
They can be a lifeline for workers without a private retirement plan.
Lagging regulatory frameworks impede the proliferation of lifetime pension pools.
AM Best encourages investors to see life and annuity insurance partnerships as a long-term play.
Payer-provider ambitions lead company to partner further with pharmacy provider.
Managers navigate choppy waters as signs of recession accumulate.