Ongoing withdrawals from savings could jeopardize people’s future, LIMRA says.
Tag: Guaranteed income
Why do so few DC plans offer stable value funds on the investment menu?
Fidelity was trustee to the 401(k) plans in question, but the lawsuit says it failed to monitor its affiliate in the day-to-day management of the funds.
The association wants to help sponsors better prepare participants for retirement.
Eighty-one percent would prefer a product with a guaranteed 4% return.
Shifting the focus from accumulation to decumulation can boost retirement readiness, Pentegra says.
GIC/stable value, money market, and bond funds saw the most inflows over the month.
A district court in Colorado has granted in part and dismissed in part a motion from Great-West to dismiss a class action lawsuit alleging the company breached fiduciary duties under ERISA.
More than half (56%) of retirement plan participants have no strategy for making their money last throughout retirement.
Deferred income annuities can help reduce the overall cost of retirement, according to a research paper from Northwestern Mutual and a team of academic experts.
Americans fear that health care costs, inconsistent returns and lifestyle expenses will drain their savings.
The good news from a new TIAA-CREF survey is that Americans acknowledge the importance of a lifetime income plan. The bad news: few take action to create one.
The quest to help participants manage their assets after the accumulation phase continues.
Many retirement savers are focused on income guarantees and establishing a level of protection against market volatility, according to the Allianz Life 2014 Market Perceptions Study.
With 25 years in the investment industry, Tim McCabe has participated firsthand in the dramatic rise of the defined contribution retirement system.
Current workers and retirees would trade control of managing their retirement assets for investment growth, flexibility and guaranteed lifetime income in an income solution, a survey finds.
Alliance Benefit Group (ABG) has launched a new partnership with Hueler Income Solutions to expand participant access to institutionally priced lifetime income products.
Employees are recognizing that their financial vulnerabilities are most likely resulting from factors they can control rather than external factors such as the economy or stock market, a report says.
Survey results from the LIMRA Secure Retirement Institute (SRI) indicate that in-plan guaranty features are growing in number and in assets.
Three factors create a roadblock to retirement income for advisers' clients: low yield, adequate equity exposure and managing volatility.