Two insurers have joined the effort to make lifetime income available in a simplified manner.
Tag: Guaranteed income
The Stable Value Guaranteed Income Fund can be a valuable option for the conservative portion of anyone’s portfolio, says Patrick Murphy, CEO, John Hancock Retirement.
To guarantee or not to guarantee? For some of the leading recordkeepers and investment managers, that’s not a question they necessarily want to answer.
There is clearly a growing interest among retirement plan industry stakeholders in providing guaranteed income annuity options within defined contribution plans, yet consensus remains elusive.
Thanks to legislation such as the SECURE Act, new products and the need, the market is warming to guaranteed income.
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.
Nearly half of workers feel confident about their retirement prospects, an AllianceBernstein survey found.
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.
The rise in lawsuits is prompting more sponsors to turn to lower-cost index funds—and could prevent them from offering lifetime income products.
The detailed report is aimed at expanding opportunities to save and increasing access to lifetime income products, among other efforts.