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Milliman Study Recommends Ways to De-Risk VA Living Benefits
Wed, Jun 10, 2009
A new report from Milliman recommends ways that variable annuity issuers can simplify their living benefits to minimize a potential increase in reserves when "VACARVM" kicks in later this year.
Hancock Offers Lifetime Income with a Cheap, Simple A-Share VA
Tue, Jun 09, 2009
John Hancock has launched a low-cost A-share variable annuity with a simplified lifetime income guarantee. The company hopes it will appeal to a broad swath of worried, retirement-bound Baby Boomers.
Hope for a Comfortable Retirement Has Sunk to a 16-Year Low
Tue, Jun 09, 2009
Even among workers with $100,000 or more in savings and investments, only 26% were very confident about retirement in 2009, down from 35% in 2008.
Financial Engines To Personalize Advice for 401(k) Participants
Wed, Jun 10, 2009
Financial Engines' Retirement Plan is “a personalized statement” that gives “401(k) participants a comprehensive roadmap” to retirement.
Deschenes Goes To Sun Life from MassMutual
Wed, Jun 10, 2009
Former MassMutual retirement income executive Stephen L. Deschenes will manage the annuities division at the U.S. division of Sun Life Financial.
