Investing | March 7th, 2024 Product and Service Launches T. Rowe Price launches Social Security optimizer; IRI updates its retirement saving and income handbook; Just Futures launches ‘values-driven’ 401(k)s...
Investing | March 5th, 2024 Rise in TDF Popularity Causes Core Menus to Shrink Because target-date funds represent a large and growing share of plan assets, plan sponsors are narrowing their core investment menus,...
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...
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...
Benefits | February 12th, 2024 20 Years in, EFE Has Grown to $210B in Managed Account Assets The provider says the pace of asset growth is speeding up, nearly tripling from $88 billion a decade ago.
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...
Benefits | January 11th, 2024 UAW Members at GM, Stellantis to Gain Access to Hueler Lifetime Income Solutions The retirement income benefit was a bargaining chip in negotiations that included a UAW request to bring back a defined...
Deals and People | December 7th, 2023 Industry Group Awards Senators Smith, Tillis Federal Retirement Security Award IRI recognized the senators for creating more transparency about retirement income investment products.
Data and Research | December 4th, 2023 Plan Sponsors, Participants Want Retirement Income Education Despite different perceptions of retirement readiness, both plan sponsors and participants understand the importance of grasping the details of how...
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...
Benefits | November 2nd, 2023 Unum Group Plans to Add Guaranteed Lifetime Income Options The financial insurance provider will roll out in early 2024 the option to transfer a percentage of their savings into...
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.
Benefits | November 1st, 2023 Selecting Retirement Income Options a ‘Deliberate’ Journey For plan sponsors who want to add decumulation options to defined contribution plans, taking a considered approach and fulfilling simple...
Benefits | October 26th, 2023 Despite Savings Shortfall for Public Sector Workers, Automatic Options Yet to Catch On Research from the MissionSquare Research Institute shows that with defined benefit pensions not providing enough for full retirement, plan design...
Data and Research | October 23rd, 2023 Union Members Report Faring Better Financially, Yet Take More Loans Loans and hardship withdrawals from a retirement savings account are more prevalent among Taft-Hartley plan members, with Gen Xers leading...
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...
Investing | October 18th, 2023 Participants Lack Understanding of TDFs, Unsure About Withdrawal Needs Employees surveyed by MFS Investment Management expressed confusion about the benefits of target-date funds and a lack of confidence about...
Data and Research | October 4th, 2023 Social Security Will Not Provide Sufficient Retirement Income for Low-Wage Workers Low-income workers can delay retirement, liquidate home equity and utilize a workplace retirement plan to improve their retirement readiness, new...