Providing retirement income solutions to plan sponsors that allow participants to remain in control of their assets
We use our DB-thinking to create DC solutions by applying LDI/pension de-risking strategic thinking and approaches to DC plans. By applying a de-risking approach to retirement segments, we can provide the DC industry with institutional thinking that helps plan sponsors keep their participants’ retirement wealth funded while decumulating.
Retirement Income Solution
Retirement Income Solution
Our retirement income solution breaks retirement into manageable segments: Early retirement and Late Retirement. This approach aims to provide consistent income through retirement.
- Early Retirement - First 20 years of retirement (~age 65-85)
- Late Retirement - Retirement year 21 and beyond (~age 85+)
LGIM America is excited to partner with plan sponsors and other intermediaries in helping find solutions to retirement income gaps for participants who seek consistent income throughout retirement.
Our retirement income solutions help plan sponsors provide their plan participants solutions that address real risks faced in an unknown time period, while allowing participants to remain in control of their assets.
We offer plan sponsors, recordkeepers and intermediaries easy-to use tools and resources needed to create a strategy for plan participants, including retirement calculators and models. Our tools are intended to help their plan participants better understand their outcomes and make better-informed decisions.
Institutional investment management designed to address real participant risks
Divides the retirement unknown into two manageable segments
Participants maintain control of assets
Seeks to address most common retirement fears
Aims to balance distributed income over lifetime
Rob Capone is the Head of Defined Contribution (DC) at LGIM America. In his role, he leads the US Defined Contribution business and helps grow the firm’s footprint and capabilities within the industry. In addition, he owns the DC strategic planning efforts, focusing upon both market-based and outcome-oriented solutions.
Prior to joining LGIM America in 2021, Rob was a Senior Vice President, Head of Distribution at Great West Investments. During his tenure, he led a team of professionals in facilitating new business growth and service delivery to multiple business segments. Prior to Great West Investments, Rob was a Managing Director and Head of Defined Contribution and Sub Advisory for AQR Capital Management, where he built and led the firm’s entry and effort into the Defined Contribution business and oversaw its existing sub advisory distribution and relationship management business. Prior to this, Rob was an Executive Vice President – Head of Retirement for BNY Mellon Investment Management and a Managing Director of Participant Services at Putnam Investments. He began his career at Fidelity Investments.
Rob sits on the Advisory Council for the George Washington University’s Transformative Leadership in Disruptive Times Program. Rob is a published industry thought leader and a member of the Defined Contribution Institutional Investment Association. He earned an AB in Economics and an MBA from Dartmouth College. He holds Series 6, 7, 24, 26 and 63 licenses registered with FINRA via Foreside Financial Services, LLC., which is not affiliated with LGIM America Inc., or its affiliates. He also holds a Series 3 license registered with the NFA.
Patrick Arey is a Senior Investment Director, Defined Contribution Specialist at LGIM America. In his role, he establishes and maintains significant relationships with Defined Contribution (DC) Investment intermediaries – specifically the Global Consultant community, the National Aggregator community and the Retirement Specialist Advisory community.
Prior to joining LGIM America in 2021, Patrick was VP Investment Distribution at Great-West Investments where he managed 30 strategic intermediary relationships with the goal of maintaining, increasing and monetizing ratings/approvals. Prior to that role, he was Director, Consultant Relations for the company, responsible for branding Great-West Investments within the intermediary community advising on DC plans. Prior to this, Patrick was Director, Institutional Client Portfolio Manager at Newfleet Asset Management where he was responsible for building Newfleet’s institutional distribution capability. Patrick’s early career includes positions at Pyramis Global Advisors/Fidelity Investments and State Street Global Advisors.
Patrick earned a BS in Business Administration, Finance from Stonehill College. He holds Series 7, 26, and 63 licenses registered with FINRA via Foreside Financial Services, LLC, which is not affiliated with LGIM America Inc., or its affiliates. He also holds a Series 3 license registered with the NFA.
James Veneruso, CFA, FRM, CAIA
James Veneruso, CFA, FRM, CAIA
James Veneruso is a Senior Defined Contribution Strategist at LGIM America. In his role, Jimmy is actively involved in the design, creation and build out of Defined Contribution (DC) investment solutions with a heavy focus on Retirement Income / Decumulation and Fixed Income strategies.
Jimmy joined LGIM America in 2021. Prior to LGIM America, Jimmy was a Senior Vice President, Defined Contribution Consulting at Callan where he would work on projects such as target date fund searches, default investment suitability studies, retirement income solution feasibility, stochastic outcome modelling, investment structure evaluations and managed account analysis.
Jimmy earned a BS in Computer Science & Economics from Vanderbilt University and a MS in Economics from University of Illinois, Champaign-Urbana. Jimmy is a CFA charterholder, Chartered Alternative Investment Analyst (CAIA) and is certified as a Financial Risk Manager (FRM). He also holds Series 7 and 63 licenses registered with FINRA via Foreside Financial Services, LLC., which is not affiliated with LGIM America Inc., or its affiliates. He also holds a Series 3 license registered with the NFA.