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Ethnicity Alone Doesn’t Predict 401(k) Behavior

by Editorial Staff

Wed, Nov 25, 2009

Workers of Asian descent in the U.S. were more likely to be eligible to participate in a 401(k) plan, more likely to participate, and likely to contribute more to their plans than other ethnic groups.

Fixed Annuity Sales Weakened in Third Quarter: Beacon Research

by Editorial Staff

Wed, Nov 25, 2009

"We don't expect to see growth in sales until rates begin rising," said Jeremy Alexander, CEO of Beacon Research.

Phoenix Launches Two Indexed Annuities

by Editorial Staff

Wed, Nov 25, 2009

The products offer three guaranteed income options, and investors can track the S&P 500 Index, the DJIA, the Dow Jones Euro Stoxx 50 Index or all three.

Tom Johnson Joins New York Life

Tom Johnson Joins New York Life

by Editorial Staff

Tue, Nov 24, 2009

Johnson is a board member of the Profit Sharing/401(k) Council of America and the Retirement Income Industry Association and a trustee for the Employee Benefit Research Institute.