Data and Research | April 18th, 2024 ‘Peak Age’ Boomers Face Retirement Shortfall The current crop of 65-year-old Boomers, particularly among women and those without higher degrees, will struggle to maintain a working...
Compliance | April 4th, 2024 ACLI Concerned IB 95-1 Changes Will Cause ‘Chilling Effect’ on PRT Market The American Council of Life Insurers expressed support for DOL regulation, instead of an interpretive bulletin, to address concerns about...
Products | March 28th, 2024 Product & Service Launches ADP partners with Summer on SECURE 2.0 student loan retirement match; Voyant offers advisers retirement planning analysis for clients; Fidelity...
Products | February 29th, 2024 Investment Product and Service Launches T. Rowe Price using Clearwater Analytics’ stable value investments; Robinhood kicks off gig workplace IRA offering with employers including Grubhub;...
Products | February 27th, 2024 New Income Planning Tool to Advise Retirees on How Much to Withdraw Michael Finke and Tamiko Toland announced the launch of IncomePath—a tool to help retirees visualize what they can spend in...
Products | February 22nd, 2024 Investment Product and Service Launches LifeYield releases Annuity Income Layer; NAGDCA offers enhanced SECURE 2.0 Resource; and Voya launches new supplemental health benefit to help with...
Data and Research | February 22nd, 2024 Financial Literacy Quiz Reveals Americans Lack Understanding of Retirement Income Investors with more than $1.5 million in assets scored twice as high on the literacy quiz than those with less...
Products | February 21st, 2024 TIAA In-Plan Retirement Income Option Reaches $30B Assets in RetirePlus jump to $30 billion from $10 billion in 24 months as demand grows for guaranteed lifetime income.
Products | February 15th, 2024 Investment Product and Service Launches F&G Annuities & Life launches RILA; iCapital announces tool designed to build stronger portfolios; and CAPTRUST joins list of advisories...
Compliance | February 15th, 2024 Congressional Hearing Highlights Arguments for, Against Retirement Security Proposal The House of Representatives hosted a second hearing on the retirement security proposal, during which witnesses disagreed on the adequacy...
Administration | February 7th, 2024 How Sponsors Can Get the Most out of DC Plan Design Changes Annuities may be a hot topic, but sponsors can add the most value to plans by incorporating features like auto-enrollment...
Compliance | December 13th, 2023 Adviser, Insurance Industries at Odds During DOL Fiduciary Proposal Hearing After two days of hearings, the fiduciary adviser rule has been strongly criticized by the insurance industry but broadly supported...
Compliance | December 12th, 2023 DOL’s Proposed Fiduciary Rule Changes See Mixed Response The start of 2 days of testimony airs opinion from industry groups, advisers and consumer advocates in live webinars.
Benefits | November 28th, 2023 Plan Sponsors Face In-Plan Annuity ‘Tipping Point’ in 2024 An average of three out of four plan sponsors plan to make a decision on in-plan annuity income solutions by...
Compliance | November 15th, 2023 No Additional Time for Fiduciary Proposal Comment, EBSA Confirms An EBSA letter to SIFMA confirmed the 60-day comment period will proceed as originally planned.
Benefits | November 1st, 2023 What to Consider When Adding Retirement Income Options Plan sponsors looking to branch out need to evaluate carefully and communicate clearly.
Compliance | October 31st, 2023 DOL Would Oversee Annuity Sales, Rollovers Under New Proposal The rule is open for public comment, with legal challenges expected almost immediately.
Administration | October 31st, 2023 ‘Important Step’ or ‘Out of Touch’? Reactions to DOL Proposal Run the Gamut Financial sector responds to proposed amendments to advice regarding retirement plan rollovers and annuity sales.
Compliance | October 31st, 2023 Rollovers, Investment Menu, Annuity Advice Standards to Be Overhauled in DOL Proposal The DOL proposal would, under ERISA, assert jurisdiction over annuity sales and IRA rollovers.
Participants | October 19th, 2023 Participants, Plan Sponsors Need More Education on Annuities, Guaranteed Income, Study Shows A joint Western & Southern and LIMRA study finds that 44% of respondents did not understand what a retirement income...