Administration | October 9th, 2024 More Plan Sponsors Seek to Completely Offload DB Pension Liabilities Among companies with pension de-risking plans, 93% expect to completely divest their defined benefit liabilities, according to a MetLife survey.
Deals and People | August 27th, 2024 TIAA Picks Accenture for Recordkeeping Operations, Participant Services TIAA will maintain all plan assets and relationships, while Accenture leverages technology and expertise to enhance the digital experience for...
Products | August 16th, 2024 JP Morgan Announces Lifetime Income TDF The asset manager adds to the roster of large financial firms targeting the market for pension-like retirement savings in DC...
Administration | August 1st, 2024 Understanding In-Plan Retirement Income Fees Plan sponsors have a number of factors to consider when comparing investment, insurance and drawdown options for their participants.
Products | July 31st, 2024 Franklin Templeton Partners With Insurer Pacific Life on In-Plan Income Option A longstanding collaboration leads to a defined contribution managed account with an annuity investing option for participants.
Data and Research | July 24th, 2024 Individual Annuity Sales Reach $215B in First Half of 2024 The growth is the highest for the first six months of any year since LIMRA started tracking sales in the...
Benefits | June 5th, 2024 PSNC 2024: Will Most TDFs Include a Retirement Income Annuity in 10 Years? Government support and the efforts of recordkeepers will be crucial to increase the use of annuities in target date funds.
Products | April 25th, 2024 Product & Service Launches Fiduciary Exchange LLC announces the launch of FIDX; CAPTRUST selects CAIS to consolidate its alternative investment products; Vontobel launches an...
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...