Given strong demand for retirement products that offer downside protection and growth potential, target-date funds and annuities would seem a great match.

But many insurers remain leery of target-date funds, analysts said. They said Prudential Retirement is the first to offer a product that combines them with annuities.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.