A Dutch pension administrator hopes a mildly racy comic book will help educate its plans' younger bus drivers and railway workers.
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.
The "at retirement" market for annuities in the U.K. topped £14 billion in 2008 and is expected to reach about £23 billion in five years.
“Given the turbulent economic climate and the shift of financial risk to individuals, people need help,” said Center Director Alicia Munnell.
A third of those polled, up from 20% in the second quarter, said their account balances have recovered to their Jan. 1 levels or expect them to recover in two to five years.
The SEC voted Sept.17 to address conflicts of interest, reveal rating shopping, and promote accountability.
Consultants want asset managers who provide consistent investment performance without “surprises.”
Only 10% of employers would support an “employer mandate” that required them to provide health insurance to employees.
Perspective Rewards pays a 6% bonus on first-year premiums under $100,000 and 8% on higher ones.
The Destinations VA offers an optional 0.10% uptick in the lifetime payout rate for each of the first ten contract years or until a withdrawal.
Part 2 of a two-part essay on the dark side of Boomer retirement. Discretion is advised.