The U.S. Treasury Department announced a proposal to reduce regulatory burdens and make it easier for retirees to choose to receive their benefits as a stream of income...
Two-thirds (66%) of those who work with a financial adviser have an understanding of how much of their retirement savings they will withdraw annually at retirement.
Based on a survey with financial services executives, Aite Group asserts that the retirement income industry is still in its infancy, with the shift from accumulation to decumulation...
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.