Two industry groups, the Defined Contribution Institutional Investment Association (“DCIIA”) and the Retirement Income Industry Association (“RIIA”), are launching a joint effort to promote greater awareness and participation in retirement programs.

This joint initiative will be known as the Defined Contribution Retirement Income Coalition (“DCRIC”) and foster collaboration between financial services and retirement industry firms in the development of retirement income products as well as encourage widespread inclusion of life income options in defined contribution plans.

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