BlackRock Offers Solution That Provides Retirement Paycheck
Two insurers have joined the effort to make lifetime income available in a simplified manner.
Tag: annuity
Products
Investment Product and Service Launches
Tickeron develops AI analysis for 401(k)s, IPX adds extra annuity products for distribution, and Vanguard closes Treasury Money Market Fund.
Investing
Products
PANC 2019: Unlocking the Retirement Income Dilemma
Sponsors are beginning to be willing to adapt their plans to accommodate retirees' lifetime income needs.
Will Trump Administration Prove Friendlier to Retirement Plan Innovators?
After previously failing to get DOL approval for a target-date fund design that involves an annuity and reinsurance component, LGIMA hopes the Trump Administration will more readily allow such private sector innovations.
Beyond (k)
Trendspotting
Client Service
Pension Risk Transfer on the Rise
With more insurers in the business, pricing has grown competitive
Guaranteed Income Is Important
Advisers fail to realize the topic should be addressed
Casting DC Plans in a Retirement Income Light
Mike Sasso, with Portfolio Evaluations, and a professor at Boston University, explained a new way of thinking to get plan sponsors to focus on retirement income for participants.
Compliance News
Legislative and Judicial Actions
Fiduciaries Get Final Win in Disney SuitA federal appellate court has affirmed a lower court decision in a lawsuit against Fidelity Management Trust Co. as a fiduciary to the...
Trendspotting
Data & Research
Data & Research
Various Approaches to In-Plan Income
Providers may offer the wrong solution for sponsors' need
DC Plan Sponsors Seek to Keep Assets in Their Plans
Notably, more than 60% of employers want to keep retirees in their plan, and they are looking to change their targeted communications to inspire action, Alight Solutions found.
Interest in Pension Risk Transfer Expected to Increase in 2019
The majority of DB plan sponsors plan to completely divest all of their company’s liabilities in the near future
Practice Development
Data & Research
Investing
Data & Research
Retirement Income Options
Why advisers should offer solutions to their plan sponsor clients
Many Retirees Spending More Than They Expected
However, retirees spend 32% less than non-retirees.
E.W. Scripps Plans Pension Risk Transfer With MassMutual
MassMutual will take on approximately $50 million of the company’s pension plan obligations.
Workers in AB Retirement Confidence Survey Cite Desire for Income
Nearly half of workers feel confident about their retirement prospects, an AllianceBernstein survey found.
Beyond (k)
Trendspotting
Investing
Investing
Investing
Pension Risk Transfer
Advisers can reduce clients' risk and increase their own value
Plan Sponsors Could Do More
Few address how to help their employees have income for life
Exploring How Sponsors Can Offer Guaranteed Lifetime Income
One option is through a profit sharing plan that invests the money in an annuity once a participant retires.
24 Financial Service Companies Form Alliance for Lifetime Income
The objective is to educate Americans about the importance of protected lifetime income solutions.
Experts Probe Potential Signs of Variable Annuity Sales Recovery
Variable annuities continue to face challenges in the wake of transaction processing disruptions caused by the now-vacated DOL fiduciary rule; however, experts anticipate sales to recover as business processes normalize and newer product types come to market.