Prudential Financial And LPL Financial Collaborate To Bring To Market Insurance Overlay Retirement Lifetime Income Strategy For LPL's Managed Accounts Platform

Author: Benzinga Newsdesk | September 22, 2025 09:32am

Prudential Financial, Inc. and LPL Financial LLC today announced a further expansion of their relationship, as the two firms collaborate to bring to market an Insurance Overlay retirement lifetime income strategy for LPL's managed accounts platform.

The solution will be designed to reach financial advisors who do not typically use protected lifetime income and other insurance-led retirement solutions in their wealth management practices today. Recent "Peak 65" research shows that more than 11,000 Americans are turning 65 every day. And although people also are living longer than ever, only a small fraction of the $34 trillion in retail retirement assets today are protected against longevity risk and retirement sequence of returns risk caused by market volatility.

Posted In: LPLA PRU