The Best Retirement Research of 2012

For the second consecutive year, we bring you the most intriguing, influential and useful retirement-related academic research that came to our attention in the prior year.

How to Choose an Annuity Issuer

Shopping for an annuity, like shopping for a car, involves questions about the manufacturer of the product. Do their products perform as expected? Will service quality be high? Are they likely to stay in business? We show you where to look for answers.

Time to Put Benjamins Back in the Sock Drawer?

At the LIMRA annual conference in Boston earlier this week, MIT economist James Poterba described how low interest rates make saving for retirement more of a challenge.

Pitching Income Annuities on Greed

Speakers Wade Pfau and Curtis Cloke showed planners at the Financial Planning Association's 2019 conference in Minneapolis that income annuities can provide growth as well as protection.

Prudential Enters DIA Space with All-Bond VA

“The annuity space is book-ended at one end by the SPIA, and at the other end by the VA with a guaranteed lifetime income benefit. Our new product resides somewhere in the middle," says Bruce Ferris (left) of Prudential Annuities.

Ten Questions about Quantitative Easing

If quantitative easing and other unconventional monetary policies remain in place for too long, their side effects could be severe – and the longer-term costs very high, warns this ever-pessimistic economist.

Debate continues over capping 401(k) tax break at 28%

Under the “28% cap” proposal, someone in the 39.6% marginal tax bracket could reduce his federal income taxes by a maximum of $14,000 on a deferral of $50,000 into a 401(k) plan, rather than the potential $19,800 tax savings under current law.

Small plan participants pay as much as 1.97% in annual fees

The average target date fund expense in a large plan is .98%, while the balanced fund average is 1.12%. The average target date fund expense for a small plan is 1.37%, while the balanced fund average is 1.45%, according to the 13th edition of the 401k Averages Book.

Pacific Life announces new pension de-risking product

The product is intended to enable plan sponsors “to de-risk their pension obligations and stabilize their corporate balance sheets and income statements without affecting plan termination, said a Pacific Life executive in a release.