US - Hewitt Associates expects a significant increase in demand in 2005 for its new annuities solution, which enables US companies to provide annuities to their employees as rollover options, rather than as options under their 401(k) plans.
Hewitt says almost 40 of its US clients are currently offering the product, launched late last year, to more than 600,000 employees. The consultancy expects the number to grow to 70 companies and 1...
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