Boomers hope for a long and feisty retirement. But at the Longevity 5 conference in Manhattan last month, experts saw global aging as a threat almost as great as global warming.
Originally a platform for distributing structured notes to broker-dealers, SIMON is adding index-linked annuities to its product suite. Prudential is both an investor and, as of today, a product provider.
Most of the annuities now on the Charles Schwab and TD Ameritrade platforms are offered by mutual or foreign-owned life insurers. Lincoln Financial is the sole exception.
In MassMutual's new all-digital deferred income annuity, an adult child is the owner, and receives income when a parent (the annuitant) reaches age 91.
These loss-leaders at the ends of chromosomes, which help determine our longevity, were the basis for this week's Nobel Prize in Medicine.
Presidential Life has engineered a two-tier income annuity where the first annuitant receives benefits for life but the survivor receives income for a period certain or for life, whichever is less.
But Moody's CEO claimed that imposing collective liability could spark frivolous lawsuits and create an unpredictable business environment.
Just 8% of employers believe their employees have a strong understanding of how much money they'll need in retirement.
Employers worry that older workers who "retire in place" may impede the advancement of younger workers.
Almost half of respondents believe that President Obama's plan will have a “very positive” or “somewhat positive” effect.
Guardian is now a strategic partner for LPL Financial's new Retirement Plus Program, which provides products and support for independent financial advisors.