Empower to Offer Income Products From Allianz, Putnam and TIAA
The country’s second-largest recordkeeper adds more annuity retirement income products, including its first on-platform fixed-index annuity.
Tag: Retirement Income
DPL, Offering Commission-Free Annuities, Gets $23M in Funding
The investors include the venture arm of annuity seller and recordkeeper TIAA.
Nearly Half of Retirees Have No Formal Decumulation Strategy
A similar 46% say they get minimal to no guidance on decumulation from their employer or 401(k) provider, according to...
Strategies for Navigating Retirement Income for Participants
At the PLANADVISER 360 conference, experts discussed strategies for balancing flexibility, cost and transparency.
How Plan Advisers Are Reacting to Trump Election Win
Retirement plan advisers weigh in on post-election market impacts, retirement strategies and the overall economic outlook.
Implicitly Wrong: Hidden Fees in Retirement Income Solutions
Scott Colangelo of Prime Capital Financial argues that a lack of transparency will hold back the promise of in-DC-plan retirement...
2070 TDFs Are Here for Youngest Workers
New vintages are available at many large asset managers, giving workers who consider themselves about 45 years from retirement the...
ERISA Advisory Council Homes In on 4 QDIA Recs
The council is considering recommendations to the DOL on default decumulation options.
Larry Fink Sounds Alarm on US Retirement System
Fink looks to other countries, such as Australia, for pension system models.
Plan Sponsors Seeking ‘Higher-Touch’ Adviser Services
A Morgan Stanley survey of 200 plan sponsors found a trend toward more service needs, including 3(38) investment management.
Goldman Sachs Identifies ‘Financial Grit,’ Planning as Keys to Improving Retirement Savings
Its survey found that working Americans saw improvements in their finances and retirement savings this year, but many remain worried...
Define ‘Crisis’
In the second story in this quarter's PLANADVISER In-Depth series, economists define the state of the U.S. retirement system.
DC Consultant Survey Reveals Stronger Client Opinions on Retirement Income
DC plan consultants say plan sponsors are more likely to have clearer views on retirement income options, according to a...
More Than Half of Plan Advisers Expect to Use AI
Adviser practices using artificial intelligence may become a reality in the next 12 months, according to BlackRock surveying.
Vestwell Adds TIAA Lifetime Income Offering
TIAA also makes a strategic investment in Vestwell, as the partnership brings TIAA’s lifetime income option to the middle and...
In-Plan Annuity Providers Advised to Lean On ‘Pension Nostalgia’
A consumer focus group run by Hearts & Wallets found increased interest for in-plan retirement income annuities—though often for ‘someone...
Insurers Collaborate to Digitize Retirement Income Annuities
The Insured Retirement Institute is leading the charge to improve the wait time for retail annuity sales and exchanges from...
JP Morgan Launches TDF With Guaranteed Income Annuity
The asset manager joins other large financial firms targeting the market for pension-like retirement saving in DC plans.
Lincoln Adds to In-Plan Retirement Income Offerings
A new guaranteed lifetime withdrawal benefit can be offered through a managed account and is part of a diversified fund.
Franklin Templeton, Pacific Life Join In-Plan Lifetime Income Push
A new defined contribution managed account offers participants a chance to invest in a deferred fixed-income annuity.