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...
Tag: annuities
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 |
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...
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 |
What to Consider When Adding Retirement Income Options
Plan sponsors looking to branch out need to evaluate carefully and communicate clearly.
DOL Would Oversee Annuity Sales, Rollovers Under New Proposal
The rule is open for public comment, with legal challenges expected almost immediately.
‘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.
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, 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...
Retirement Industry People Moves
Toland leaves TIAA to start annuity consultancy; Bryn Mawr Trust selects director of private wealth management; and First Eagle Investments...
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Car Maker Stellantis to Offer Hueler Lifetime Income Products to Employees, Retirees
The Think Income program will allow Stellantis participants to browse annuity products, compare insurance providers and use educational resources.
Products |
Investment Product and Service Launches
AmericanTCs, Allianz come to market with in-plan annuities; Lincoln Financial upgrades its RILA to combat market volatility; Altruist adds multi-account...
Products |
Investment Product and Service Launches
Nationwide and MassMutual team up on advisory annuities; Integrity launches AI-driven tech for agents and clients; NewEdge debuts investment platform...
Retirement Industry People Moves
Ascensus expands NQDC sales team; The Standard promotes Angie Cuthill within individual annuities; Optima names Paul Fletcher head of its...
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Investment Product and Service Launches
Alight enhances work benefits platform; Midland updates fixed indexed annuities geared toward retirement income; Allianz launches buffered ETFs to guard...
Women Addressing Lifetime Income More Than Men
More women than men ages 61 to 65 are interested in securing guaranteed lifetime income sources, presenting an opportunity for...
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TIAA Touts In-Plan Annuity Growth Even as Retail Sales Hits New Record
Retirement income needs, compared to high interest rates, are driving annuity growth in 2023.
Can Participants Access Annuities if They Are Not Offered by the Plan?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
IRI Presses White House to Back Further Retirement Policy on Annuities
An insurance advocacy group follows up 2023 legislative plans with a push for policies that increase the use of retirement...
Benefits |
The Retirement Income ‘Low-Hanging Fruit’ Option Open to Plan Sponsors
Plan sponsors and their retirement industry providers can take steps toward facilitating greater coordination and use of systematic withdrawals by...