||For Immediate Release|
Unique New Tool from Pacific Life Helps Advisors
Stand Out in the Retirement Income Business
Pacific Life NautilusSM Utilizes Research by Dr. Moshe A. Milevsky
Newport Beach, Calif. (May 3, 2012)-Pacific Life has introduced an online retirement income planning tool-Pacific Life Nautilus, which is extremely easy to use and understand. Pacific Life Nautilus is a powerful new way for financial advisors to engage clients in a conversation about how to build sustainable lifetime retirement income.
Pacific Life Nautilus is based on the concept called "product allocation," which involves blending three categories of income products-traditional investments, variable annuities, and guaranteed income solutions-in optimal proportions to create sustainable lifetime retirement income. To use Pacific Life Nautilus, the advisor enters brief information about the client's age, current retirement savings, and desired retirement income. The tool then generates a numerical measure called a "Retirement Sustainability Quotient" (RSQ). The higher the RSQ, the more likely it is that the client's current portfolio can generate the desired level of retirement income stream over his or her lifetime. The tool then offers up to three possible product allocation strategies with higher RSQs. These higher RSQ strategies illustrate how the client might increase his or her likelihood of creating a more sustainable lifetime retirement income.
The tool's analytical engine was built by the QWeMA Group, whose president and CEO is noted retirement expert Dr. Moshe A. Milevsky. QWeMA develops software algorithms in the fields of wealth management, investments, and insurance. "With Pacific Life Nautilus, financial advisors have a new opportunity to grow their practices," says Dr. Milevsky, "because the tool helps differentiate the advisor in the art and science of creating retirement income."
"Pacific Life Nautilus is a great way to engage clients in a discussion about their retirement futures," says Christine Tucker, Pacific Life's vice president of marketing, Retirement Solutions Division. "It can also be the basis for a more detailed discussion about which income products may be right for the client. This makes Pacific Life Nautilus valuable in two ways: as a standalone educational tool or as a complement to more comprehensive retirement planning software that the advisor may already use."
To assist advisors further, Pacific Life is launching a new suite of sales, education, and promotional resources that focus on the product allocation concept. They include an interactive website and tools, as well as a comprehensive set of printed materials. "Our goal is to offer advisors the training and support they need to introduce this important concept to their clients," says Tucker.
To find out more about product allocation-and to "test drive" the Pacific Life Nautilus tool-advisors are invited to visit Pacific Life's website at http://www.pacificlife.com/.
About Pacific Life
Offering insurance since 1868, Pacific Life provides a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life counts more than half of the 100 largest U.S. companies as its clients. For additional company information, including current financial strength ratings, visit Pacific Life online at http://www.pacificlife.com/.
Variable annuities are suitable for long-term investing and include insurance-related charges as well as withdrawal and administrative fees.
You should carefully consider an investment's risks, charges, limitations, and expenses. This and other information about Pacific Life variable annuities and Pacific Life Funds are provided in the applicable product and underlying fund prospectuses. These prospectuses are available from your financial advisor or by calling (800) 722-2333. Read them carefully before investing.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of May 2011 is compiled by Pacific Life using the 2011 FORTUNE 500® list.
About the QWeMA Group, Inc.
The QWeMA Group Inc., an abbreviation of Quantitative Wealth Management Analytics Group, develops and licenses unique probability-analytic intellectual property and educational software for the financial services and retirement industry. QWeMA is privately owned and operated by a network of university-based financial engineers, computational scientists, and applied mathematicians. For more information, please visit http://www.qwema.ca/.
Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each company is solely responsible for the financial obligations accruing under the products it issues. Insurance product and rider guarantees are backed by the financial strength and claims-paying ability of the issuing company and do not protect the value of the variable investment options.
Mutual funds are offered by Pacific Life Funds. Variable insurance products and mutual funds are distributed by Pacific Select Distributors, Inc. (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company and an affiliate of Pacific Life & Annuity Company (Newport Beach, CA). Mutual funds as well as variable and fixed annuity products are available through licensed third-party broker/dealers.