Tag: Annuities

DC plans are well positioned to significantly add to American’s financial security by adopting retirement income solutions that are currently available in the market today.

According to Cerulli research, the various parties involved in the implementation of an in-plan retirement income solution are often not on the same page about basic terminology and definitions.

Willis Towers Watson offers nine actions for DC plan advisers to help their clients mitigate risks in 2019.

The research finds that individuals most likely to be interested in annuities are younger and still working, which LIMRA SRI says creates an opportunity for future conversations for advisers.

The proposal is intended to help investors better understand these contracts' features, fees and risks, and to more easily find the information needed to make an informed investment decision.

More than half say they would prefer guaranteed income of $660 a month over a $120,000 lump sum, LIMRA SRI found in a survey.

Based on the results of a new CANNEX study, advisers who are looking to provide clients with guaranteed income should seriously consider both income annuities and savings annuity contracts that offer GLWBs.

As part of the PRT agreement, Prudential will assume the responsibility for paying pension benefits to about 23,000 International Paper retirees.

They are worried about longevity risk.

A report from Healthy Capital suggests a combination of managing health conditions and purchasing staggered annuities can help fund health care expenses in retirement, but concedes that the right strategy depends on the situation.

A look at actively managed versus passively managed equity and bond funds, blended target-date funds, and with more sponsors encouraging retirees to remain in their plan, how defined contribution plans need to address retirement income solutions.

MassMutual has issued a white paper outlining all considerations for defined benefit plan sponsors considering a pension risk transfer.

Sales of fixed indexed annuities came in 21% higher for the second quarter of 2018 compared with the first quarter results, according to LIMRA SRI data, shattering the existing quarterly record as a result.

One measure is to encourage MEPs by eliminating the “nexus” requirement.

A new report published by Cerulli Associates draws out participant perspectives on the topic of DC plan decumulation, revealing that many of those leaving the work force feel “generally clueless” about how to manage their nest egg.

The objective is to educate Americans about the importance of protected lifetime income solutions.

Three-quarters of advisers believe they understand annuities well, yet of that number, 62% say their clients do not.

Employers may offer employees the opportunity to purchase an annuity through payroll deductions.

Seventy percent believe their advisers have a responsibility to discuss guaranteed lifetime income products with them.