Client Communications
Retirement Income Options
Helping sponsors sort out what’s best for retiring workers
Tag: Annuities
Intro
Par Excellence
Celebrating the 2018 PLANSPONSOR Retirement Plan Adviser of the Year finalists and winners
Prudential Introduces its First Online Income Product
Employers may offer employees the opportunity to purchase an annuity through payroll deductions.
Nearly Three-Quarters of Americans Value Guaranteed Income
Seventy percent believe their advisers have a responsibility to discuss guaranteed lifetime income products with them.
DOL Fiduciary Rule Gets Another Successful Defense in Appeals Court
The appellee, Market Synergy Group, argued unsuccessfully that its representatives would never be able to make the Best Interest Contract Exemption, a key mechanism underlying the new DOL...
IRI Issues Retirement Security Blueprint
The detailed report is aimed at expanding opportunities to save and increasing access to lifetime income products, among other efforts.
Only One-Third of Boomers Are Confident They Have Adequate Retirement Savings
Among Baby Boomers who think it is important to work with an adviser, nearly 70% said they would purchase an annuity within their individual retirement account (IRA), according...
Campaign Waged to Raise Awareness of Retirement Savings
The Bipartisan Policy Center and Ric Edelman announce the launch of “Funding Our Future: A Campaign for America’s Retirement Security.”
Bill Would Provide New Safe Harbor for Annuity Provider Selection
U.S. Representatives introduced the Increasing Access to a Secure Retirement Act.
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Professional Groups
Owners’ concerns are saving enough for retirement and reducing their tax liabilities
Treasury Calls for More In-Plan Lifetime Retirement Income Products
The department believes an oversight bureau, created to assess the financial strength of annuity providers, would help employers and advisers become more comfortable including annuities in retirement plans.
Nearly Half—48%—of Investors Own an Annuity
And nearly two-thirds, 63%, of advisers recommend annuities to clients who need income.
How to Tear Down Barriers to In-Plan Annuities
Certain policy changes and the right support for plan sponsors could make it easier for plans and participants to embrace lifetime income solutions.
Prudential and International Paper Enter PRT Transaction
The Prudential Insurance Company of America has agreed to provide a group annuity contract and take on approximately $1.3 billion in pension liabilities from International Paper, focusing on...
Individualism Defines Millennials’ Financial Future
With one-quarter of a century until the first of them turn 65, Millennials very much view themselves as "on their own" with regard to retirement income, according to...
Small Percentage of DB Plan Obligations Have Been Settled
However, Rick Jones, with Aon, says, “Pension risk transfer is a trillion dollar market, and much more will be settled in coming year."
Education on Lifetime Income Needed in Not-for-Profit Sector
In-plan lifetime income options can secure certain benefits participants may not find in retail solutions, suggests a new study by TIAA.
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Annuities in DC Plans
Advisers can overcome plan sponsor—and participant—reservations
Investors Concerned About Near Term Volatility
Several Americans across generations fear their portfolios aren’t diversified enough to secure a comfortable retirement in the event of a market correction.
Retirement Income Language Barrier Remains a Problem
Despite the generally positive perceptions of the benefits of guaranteed lifetime income, only one in four survey respondents age 45 and up plan to purchase an annuity.