The Alliance for Lifetime Income is being merged into LIMRA and LOMA, the leading trade association for the life insurance, annuity and workplace benefits industry.
LL Global announced the merger and is the parent company of LIMRA and LOMA, which in 2008 merged into one organization. ALI is a nonprofit consumer education association that was founded in 2018 to help consumers and financial advisors better understand the importance of protected income in retirement.
By merging ALI into LIMRA and LOMA, LL Global says it can expand the impact and education on how annuities can deliver the protected income to consumers.