Tag: Annuities

Several Americans across generations fear their portfolios aren’t diversified enough to secure a comfortable retirement in the event of a market correction.

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. 

Fifteen percent say recommendations from their consultant or independent fiduciary is an important consideration when selecting an annuity provider.

The plaintiff alleges that the contract’s cancellation was not made with his and the other beneficiaries’ interests in mind, but rather to improve the parent/subsidiary companies’ financial positions...

This was the sixth straight quarter fixed sales have outperformed variable annuity sales, which hasn’t happened in almost 25 years.

Overall DB plan costs, costs from changing mortality assumptions and PBGC premium hikes are all factors plan sponsors take into consideration when deciding whether to implement a pension...

Aria’s RetireOne Platform Offering Variable Annuity; Vanguard Launches Global Balanced Funds; Pensionmark Rolls Out New Investment Reporting Tools; and more.

The researchers conclude that “including well-designed LIA defaults in DC plans yields quite positive consequences for …workers.”

The university is just the latest to face an ERISA class action lawsuit filed by one of its employees, alleging imprudence in the management of retirement planning benefits. 

There has been at least $1 billion worth of U.S. single premium pension buyout sales during each of the last eight quarters.

Plan sponsors can provide participants with a variety of tools to help them determine whether they are on the right track to retire on time.

The firm has consistently been an early mover in announcing fiduciary rule implementation plans—and that trend continued this week with the news that ML advisers will retain some...

Retirement plan advisers can help their plan sponsor clients take advantage of emerging opportunities for better deals and service coming out of fierce competition among asset managers. 

There are strategies to help retirees create a lifetime income stream that can reverse this trend.

An executive with MetLife urges plan sponsors and advisers to avoid talking about annuities “as if they were an investment option … they aren’t really an investment.”

Roughly one-third of those who report having spent a significant portion of a retirement plan lump sum distribution taken from either a DC or DB plan say they...

The Insured Retirement Institute will spend the year pushing Congress and the Administration to advocate for legislation that would expand Americans’ access to advice and simpler annuities.

The new product series offers a range of indexed account options including one providing access to international markets.