
LIMRA: Individual Annuity Sales Shatter Prior Record in 2022
The trade association found retail annuity sales were 17% higher than a prior 2008 record, driven in part by investors locking in higher interest rates as well as seeking safety from market volatility.

OneAmerica Teams Up With Benartzi on New Retirement Income Product
The personalized strategy to provide a monthly retirement paycheck was designed by behavioral economist Shlomo Benartzi; a pilot program is in the field with retirement plan advisers and plan sponsors.

Research Shows Workers Favor Guaranteed Income Over Financial Wellness Tools
Almost half of respondents agreed annuities can offer safety and stability, though other research shows in-plan defined contribution annuities are not picking up among employers.

Fiduciary Concerns Continue to Stymie Annuities in 401(k)s
Employers have embraced 401(k) plan benefits changes for 2023, but are still shying away from annuities, according to Alight.

Near-Retirees May Be at Risk for Retirement Income Shortfall
A DCIIA report written by industry players looks at how rising interest rates and inflation are cutting into common retirement income tactics, as well as the new tools generating interest among plan fiduciaries and sponsors.

Market ‘Fear Factor’ Has Retail Annuities Booming. Can In-Plan Options Catch the Tailwind?
Market volatility is contributing to record sales of retail annuities. But in-plan annuities to provide guaranteed income in retirement are mostly still on the horizon due to lack of product maturity and adviser hesitancy.

The Appeal of Guaranteed Lifetime Income Option Is Growing Among Participants
While more participants are looking for a consistent source of income in retirement, they also want the flexibility to change their payments when needed.

Investment Product and Service Launches
Wilshire brings to market third-gen factor index series and Northern Trust Front Office Solutions enhances liquidity management solutions for asset owners.

Investment Product and Service Launches
DWS releases climate-focused Xtrackers ETF.

Investment Product and Service Launches
Schwab Asset Management reduces fees on 10 funds; LeafHouse Financial Services announces new DCIO service; and Russell Investments expands personalized managed accounts.

Investment Product and Service Launches
MSCI launches next generation of equity factor models, while Robeco launches quant credit strategy focused on SDGs and climate.

Investment Product and Service Launches
Nationwide adds two new death benefit features; Putnam Investments to launch five new investment strategies; and Broadridge launches multi-account collective investment trust fund.

Investment Product and Service Launches
Vontobel expands retirement plan offerings; Brooklyn Investment Group and Apex to launch A.I.-powered unified managed account platform; BlackRock updates multifactor ETF suite; and more.

Investment Product and Service Launches
Putnam Investments to develop suite of sustainable retirement target-date funds; PGIM Investments expands actively managed fixed income ETF lineup; Nationwide adds new solution to address market volatility; and more.

Investment Product and Service Launches
Pacific Life announces collaboration with Wespath and WTW on qualifying longevity annuity contract option; Principal Global Investors launches active real estate ETF; and BNY Mellon Investment Management partners with UBS to offer model portfolios.

Investment Product and Service Launches
Alquity and Spouting Rock to launch new U.S. ESG investing platform; State Street Global Advisors launches new ETF; Northern Trust partners with Enfusion as part of whole office strategy; and more.

Investment Product and Service Launches
AssetMark announces values-driven investment program and inaugural ESG report; Dimensional lists three new emerging markets equity ETFs; Allspring Global Investments selects SEI Trust Company to serve as successor trustee for CIT business.

Investment Product and Service Launches
WisdomTree launches portfolio and growth solutions; Truelytics and BlackRock partner to bring data and analytics to advisers.

Investment Product and Service Launches
Dimensional announces plans to offer four sustainability ETFs, and more recordkeepers join LeafHouse–iJoin managed account program.

Investment Product and Service Launches
New York Life Investments announces new brand for its private markets alternatives boutique; State Street Global Advisors launches ESG-focused ETF.