EBRI and Transamerica found more than 58% of workers retire earlier than planned.
In some instances, annuities can be the perfect retirement-planning solution tool.
Some 45% of investors report they have no strategy for taking plan distributions, a new Allianz survey finds.
Sales of the products hit record numbers in some cases, according to the data tracker.
The lack of a standard gives insurance brokers an unfair advantage, advisors say in a new survey.
NAIFA has positioned itself to shape the future of the industry while empowering financial service professionals and enhancing the financial security of consumers in communities across the nation.
Only 27% of investors say their advisors mention income planning, according to Alliance for Lifetime Income research.
Defaults are too rare to be a serious risk factor when choosing an annuity product, they say.
In some instances, annuities can be the perfect retirement-planning solution.
They want $2.1 million to retire, on average, but fall far short of that, says a Northwestern Mutual report.
Fixed annuity rates have already started to decrease in anticipation of Fed cuts, advisors say.
Companies are rewarding annuity agents with lavish vacations and cash bonuses, her staff says in a new report.
A CFP Board official forcefully argued that its fiduciary standard is good for business and middle-class clients.
As fixed annuities sales, IRA rollovers soar, agents are exploiting regulatory gaps, Edwin Hu argues.
Fixed annuity rates have already started to decrease in anticipation of Fed cuts, advisors say.
Registered index-linked annuities have benefited from Fed moves and demographic trends.
Fixed-indexed and registered index-linked annuities drove the surge in sales, Limra said.
Advisors report sluggish demand for the guaranteed-income products in retirement plans.
In an amicus brief, the board said the rule is needed to eliminate conflicts and fill regulatory gaps.
More retirees are staying put in 401(k)s as plans ramp up features to keep them.