A survey of career women ages 45 to 70 earning $75,000-plus per year shows that they are highly confident about how to manage money, yet 62% fear they...
The Insured Retirement Institute (IRI) and RegEd are introducing the “Industry Wide Solution” for the National Association of Insurance Commissioners (NAIC) annuity suitability requirements.
Strategic Insight, an Asset International company, announced the availability of “Variable Annuity Living Benefits and Eligible Funds,” a new report highlighting the industry’s most popular and newly innovated...
A couple of weeks back, the Social Security Administration announced that, for the second year in a row—but only for the second time since 1975—there...
Merrill Lynch's “Affluent Insights Quarterly Survey” finds although affluent Americans are feeling more financially secure this year than last, 61% are expecting to retire later than originally planned.
Diversified Investment Advisors has a new in-plan investment option that guarantees income for life, while allowing retirement plan participants to participate in the stock and bond markets and...
The percentage of households at risk for not meeting their retirement goals jumps from 51% to 60% when they live off of the interest from their assets instead...
BlackRock, Inc. and SunGard have announced a solution that will support the use of funds generating lifetime retirement income within corporate defined contribution (DC) plans.
Women feel more overwhelmed, less confident and less in control than men when it comes to financial planning and retirement, a survey by the Penn Mutual Life Insurance Company...
Younger boomers still have time to recover from the 2008 economic downturn, but worry about control and stability in retirement more than older boomers.
Benjamin Woloshin joins New York Life Insurance Company as senior vice president and head of relationship management for its Retirement Income Security (RIS) business.
Financial services firm Edward Jones has reached a distribution agreement with Prudential Financial to offer its clients variable annuities and individual life insurance from Prudential companies.
Many older Americans who are approaching or who have passed the traditional retirement age of 65 are decidedly pessimistic about their short- and long-term financial future, especially as...
At the PLANADVISER National Conference in Orlando last week, the panelists were unanimous: it’s not a matter of “if,” but rather “when” retirement income products become mainstream.