Tag: Annuities

Drawing comparisons to the Pension Protection Act that codified best practices that were already in play, Chip Castille, managing director and head of U.S. & Canada Defined Contribution...

Research from the Employee Benefit Research Institute (EBRI) finds that immediate annuities or longevity annuities would be effective at reaching desired income adequacy targets, especially for lower-income retirees.

AXA Equitable Life Insurance Company has introduced the Structured Investment Option (SIO) for its EQUI-VEST series of variable deferred annuities available to employer-sponsored retirement savings plans.

Lincoln Financial Group announced that its Lincoln Director group variable annuity-based retirement solution will be available for new sales exclusively through a service model supported by third-party administrators...

John Hancock Asset Management, a division of Manulife Asset Management, has appointed the U.S. Core Value team to manage three portfolios offered by John Hancock Retirement Plan Services,...

MetLife has launched its optional Guaranteed Minimum Income Benefit Max (GMIB Max) and Enhanced Death Benefit Max (EDB Max) variable annuity riders with Protected Growth Strategies.

AXA Equitable Life Insurance Company has partnered with Wilshire Associates Incorporated to help plan sponsors meet their fiduciary obligations in screening, selecting and monitoring investment options.

Security Benefit, a Guggenheim Partners Company, launched EliteDesigns as the inaugural product for its new Personal Retirement Savings (PRS) initiative.

The Insured Retirement Institute (IRI) found nine of 10 Boomers who own insured retirement products have a higher confidence in their overall retirement expectations than those who do...

Most investors do not have a clear enough understanding of variable annuities (VAs) to appreciate the guaranteed income they can potentially provide, according to the results of a...

The Profit Sharing/401k Council of America (PSCA) is offering the Hueler Income Solutions platform to its plan sponsor member companies.

Jackson National Life Insurance Company developed an online tool to help advisers build customized investment portfolios for their clients.  

Putnam Investments plans to launch a version of its Absolute Return 500 Fund for use by insurance companies in variable annuities and other variable insurance products.

LPL Financial has introduced a platform that allows for discretionary management of variable annuity assets for LPL Financial-affiliated advisers.

Despite a lack of major upgrades to adviser-oriented Web sites, a recent report found overall improvements to online tools regarding annuities offered by financial services firms.  

We’re seeing a renewed focus on retirement income of late, and for good reason. 

The vast majority of households surveyed by the Insured Retirement Institute and Cerulli Associates say they are unfamiliar with annuities or have no opinion of them at all,...

A third of those responding to a new survey worry about outliving their retirement nest egg, but only one in five plan to buy an annuity or other...

Investors do not want to jump to a rational conversation about facts and figures right away; financial advisers need to understand them on an emotional level first.    

A federal appellate court has ruled that the National Education Association (NEA) cannot be held liable for a fiduciary breach because of its endorsement and marketing of annuities...