Investors are avoiding low-yield, accumulation-style fixed deferred annuities. Meanwhile, babyboomers seem to be flocking to fixed indexed annuities with rich living benefits or to deferred income annuities. Both provide guaranteed lifetime income streams.

Something other than fundamental value is driving the stock market, warns the chairman of TrimTabs Investment Research and portfolio manager of the TrimTabs Float Shrink ETF.

"Our client may be a pension fund, our client may be a life company, but at the end of that chain is a real person that is relying on us to do something that is very, very important to them,” said Daniel Godfrey of the Investment Management Association.

"Our client may be a pension fund, our client may be a life company, but at the end of that chain is a real person that is relying on us to do something that is very, very important to them,” said Daniel Godfrey of the Investment Management Association.

The complex is made simple (or as simple as possible) in this handy desktop reference for all your ERISA-related questions.

Middle-income Americans, ages 55 to 75, tend to believe that wisdom arrives at about age 56, but old age doesn’t necessarily start until age 78.

The deficit increase and reduced funding ratio in 2012 occurred despite plan sponsors’ efforts to halt the decline through de-risking and despite rising stock prices.

Brief or late-breaking items from New York Life, Curian Capital and Genworth Financial.