ARS' Lifetime Income Builder Products to Join SS&C
Retirement Income Clearing & Calculation (RICC) Platform
WINDSOR,
Conn., March 18, 2025 /PRNewswire/ -- SS&C
Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that
ARS, an innovative guaranteed lifetime income solutions and
technology provider for the defined contribution market, has
partnered with SS&C Retirement Solutions to distribute and
service its suite of Lifetime Income Builder retirement
products.
ARS' Lifetime Income Builder offers group fixed indexed
annuities with a guaranteed lifetime withdrawal benefit. The
guaranteed income products will be available to recordkeepers on
SS&C's Retirement Income Clearing & Calculation (RICC)
Platform, which enables seamless connectivity between
recordkeepers, plan providers, product providers, advisors and
participants in the growing retirement income market.
"The partnership between SS&C and ARS will help more
Americans become retirement ready. By providing access to a
solution with benefits participants expect—easy-to-use,
professionally managed portfolios they control at all
times—ensuring they will not run out of income in retirement," said
Joe Boan, Chief Distribution Officer
at ARS.
"To change the way Americans retire, we have to make it easier
for recordkeepers to offer innovative solutions like Lifetime
Income Builder," added Abby
Canfield, Chief Operating Officer at ARS. "The integration
of the Lifetime Income Builder-based solutions and ecosystem with
the SS&C RICC platform enables this by creating seamless fund
administration capabilities."
ARS will gain access to distribution opportunities across
leading recordkeeping platforms for its suite of target date funds
integrated with Lifetime Income Builder. Recordkeepers can add
Lifetime Income Builder funds to their offerings through their
CUSIPs, making the lifetime income solutions uniquely
accessible.
"We are thrilled to add ARS' pioneering Lifetime Income Builder
suite of funds to RICC," said Michael
Rogalski, President, SS&C Retirement Solutions. "As the
retirement landscape changes, workers increasingly turn to
protected income solutions to prepare for retirement. RICC is
designed to support providers like ARS in broadening access; while
eliminating the time and resources they would otherwise need to
invest to get their solutions to market."
Learn more about SS&C's RICC platform here.
About ARS
ARS is a leading lifetime income design and technology company
dedicated to solving the retirement income challenge with
innovative, participant-first solutions. Founded in 2020, ARS is
led by a team of industry veterans with a combined 175 years of
experience in retirement plans, annuities, and asset management.
ARS's patent-pending design, Lifetime Income Builder, has redefined
how the industry delivers income within target date
funds—seamlessly integrating lifetime income while maintaining the
core benefits that have made target date funds successful for
decades. In 2025, Apollo, Athene, and Motive Partners acquired ARS.
Learn more at https://arsfinancial.com/
About SS&C Technologies
SS&C is a global provider of services and software for the
financial services and healthcare industries. Founded in 1986,
SS&C is headquartered in Windsor,
Connecticut, and has offices around the world. More than
22,000 financial services and healthcare organizations, from the
world's largest companies to small and mid-market firms, rely on
SS&C for expertise, scale and technology.
Additional information about SS&C (Nasdaq: SSNC) is
available at www.ssctech.com.
Follow SS&C on Twitter, LinkedIn and Facebook.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ars-selects-ssc-to-support-suite-of-guaranteed-income-products-302404004.html
SOURCE SS&C
