Baby Boomers close to retirement prefer protection of their retirement savings over a risky return, a survey by Allianz Life Insurance Company of North America found.
Following the financial crisis, 56% of investors now believe it is entirely their responsibility to prepare for retirement, a Fidelity Investments survey finds.
The majority of workers polled for the 2013 Retirement Confidence Survey (RCS) indicated support for guaranteed income options in their retirement plans.
Lincoln Financial Group's Retirement Plan Services business has engaged the Retirement Income Team of law firm Drinker Biddle & Reath to educate plan sponsors about in-plan guarantees.
A study pinpoints guaranteed lifetime income options offered within defined contribution (DC) plans as an opportunity to address retirement security challenges.
Russell has developed new research offering guidance about how plan sponsors can overcome selection ambiguity when evaluating in-plan guaranteed income solutions.
Benefits, risks and regulation that varies from state to state can make choosing annuities with guaranteed lifetime withdrawals tricky for older Americans.
Plan design coupled with product design can result in better outcomes for retirement plan participants, said Stephen Bozeman, senior product strategist at BlackRock.
While National 401(k) Day is a good trigger to spur action from sponsors and participants to improve retirement readiness, the efforts should be ongoing.
Roughly half of all U.S. households that control more than a third of U.S. financial assets are attracted to lifetime-guaranteed income—even if returns are low.
Aria Retirement Solutions (Aria) has made several funds from Dimensional Fund Advisors (DFA) eligible for use with the RetireOne Transamerica fixed contingent annuity guaranteed income product.
Eighty-seven percent of American workers of all ages say they find it “very” or “some-what” appealing to be able to turn at least a portion of their retirement savings into...