AllianceBernstein Partners with Pacific Life to Expand Multi-Insurer Lifetime Income Platform

Reuters
07/22
AllianceBernstein Partners with Pacific Life to Expand Multi-Insurer Lifetime Income Platform

AllianceBernstein Holding LP has announced the addition of Pacific Life as a new insurer to its multi-insurer platform, delivering lifetime income solutions to large Defined Contribution $(DC)$ plans. This expansion is part of AllianceBernstein's ongoing efforts to enhance its retirement income capabilities through its Lifetime Income Strategy $(LIS.AU)$ and the AB Secure Income Portfolio. The inclusion of Pacific Life aims to create better retirement outcomes for DC participants by offering a secure income stream in retirement, alongside access to their funds and potential asset growth. The collaboration is expected to benefit plan sponsors and participants by offering competitive withdrawal rates and mitigating risk with a multi-insurer structure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AllianceBernstein Holding LP published the original content used to generate this news brief via PR Newswire (Ref. ID: NY34544) on July 22, 2025, and is solely responsible for the information contained therein.

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