LIMRA: Individual Annuity Sales Shatter Prior Record in 2022
The trade association found retail annuity sales were 17% higher than a prior 2008 record, driven in part by investors...
Tag: Retirement Income
OneAmerica Teams Up With Benartzi on New Retirement Income Product
The personalized strategy to provide a monthly retirement paycheck was designed by behavioral economist Shlomo Benartzi; a pilot program is...
Research Shows Workers Favor Guaranteed Income Over Financial Wellness Tools
Almost half of respondents agreed annuities can offer safety and stability, though other research shows in-plan defined contribution annuities are...
A Method for Comparing Retirement Plan Annuities
John Faustino, the head of Fi360, a Broadridge company, discusses new guidance to help advisers pitch in-plan retirement income annuities...
Investment Service and Product Launches
Ameriprise testing retirement income planning service; Vanguard adds short-term tax-exempt bond ETF; Franklin Templeton starts ClearBridge sustainable infrastructure ETF; and...
CBO Says Social Security Trust Funds May Be Depleted by 2033
Retirement advisers may need to counsel on a 23% reduction in Social Security benefits within the next decade if the...
Data Points
Just One Slice of the Pie
Workers who ‘don’t save enough’ in their DC plan may have other means.
RetireOne Adds Nationwide RIA Annuities As Advisers Consider Options
Insurance outsourcing firm RetireOne partners with Nationwide on annuities for investment advisers. But recent research brings into question just how...
Study: Women Say Competing Priorities Hinder Retirement Saving
Although women live longer than men, many retire earlier than planned and few can save enough to reach the income...
Morningstar Launches Platform to Compare, Sell Annuities
The investment research firm has built the Annuity Intelligence Center for advisers amid a boom in the insurance product due...
Social Security Administration Aims for Informative, Time-Saving Website Redesign
Understanding when and how to take Social Security distributions should be a critical part of everyone’s retirement planning, according to...
Near-Retirees May Be at Risk for Retirement Income Shortfall
A DCIIA report written by industry players looks at how rising interest rates and inflation are cutting into common retirement...
The Future of Retirement Income: A Q&A With Endeavor Retirement’s Bonnie Treichel
ERISA attorney and the chief solutions officer of Endeavor Retirement Bonnie Treichel discusses the past, present, and future of retirement...
Momentum is Growing to Educate Advisers on Plan Options for Lifetime Income
Retirement industry groups are ramping up efforts to help advisers understand and compare annuities for plans and consider how to...
Current Annuities Boom Still Likely Faint for DC-Plan Advisers
Annuity sales are on a tear in 2022, drawing interest, but potentially limited implementation from defined contribution retirement plan advisers...
Market ‘Fear Factor’ Has Retail Annuities Booming. Can In-Plan Options Catch the Tailwind?
Market volatility is contributing to record sales of retail annuities. But in-plan annuities to provide guaranteed income in retirement are...
Beyond 401(k) / Participant Services
The Full Potential
Helping sponsors determine what retiree services to offer plan participants.
PANC
2022 PLANADVISER National Conference
Challenges plan advisers face when developing business strategies—and how to resolve them.
Annuities as Part of Target-Date Funds Grow in Popularity
Cerulli retirement research shows growing interest in TDFs with guaranteed income for plan sponsors’ lifetime income options among consultants.
Recordkeepers Help Advisers Get Personal
How recordkeepers partner with advisers on managed accounts, retirement income and financial wellness.