Prudential Retirement has expanded its guaranteed lifetime income solution, Prudential IncomeFlex Target, to include the investment management expertise of two target-date fund managers.
Putnam Investments is introducing the Putnam Retirement Income Lifestyle Funds, a suite of three income-oriented mutual funds, along with a Retirement Income Analysis Tool.
American workers ages 18-36 are more interested in having a guaranteed retirement income feature in their retirement plan than those 45 years of age and older, a recent...
The SPARK Institute released a new version of its information sharing standards and data layouts for lifetime income solutions that are used in retirement plans.
Plan sponsors looking to add a retirement income product to their 401(k) or other defined contribution plan need to fully understand what fees participants will be paying for...
In an Edward Jones survey, 34% of Americans said they don’t know what percentage of their savings they will need to withdraw annually in retirement to maintain their...
The Newport Group has created a new section on its Web site called “My Forecast,” dedicated to helping participants weigh their retirement income options.
A significant number of financial professionals plan to ramp up their retirement income planning practices over the next few years, according to a study from the Principal.
To empower employers and provide them with actionable information about their plan participants’ retirement readiness, Putnam Investments is making its Lifetime Income Score available more broadly to the...
During last week’s GOP presidential candidate debate, Texas Governor Rick Perry grabbed headlines by reaffirming his position that Social Security is a “Ponzi scheme.”
A recent study shows a significant number of retirement plan advisers plan to ramp up their retirement income planning practices over the next few years.
The Institutional Retirement Income Council (IRIC) is encouraging plan sponsors to begin offering plan participants more options for generating retirement income.
Russell Investments has appointed Jeff Eng to the newly created position of Director, Retirement Income, for the firm’s Americas Institutional business.
The Institutional Retirement Income Council (IRIC) published an issue brief detailing why plan sponsor concerns about possible adverse reactions from employees to retirement income products appear to be...