The most significant piece of retirement legislation in a decade is on target to become reality.
Variable annuities recorded a three-year high in Q3 with $26.5 million, according to the Secure Retirement Institute.
Critics complain it provides a lousy return, and taxpayers would do better with private investments.
Advisors need to confirm agreed-upon data sharing protocols at the outset of their plan sponsor relationships.
The model remains on track after gaining the approval of a key NAIC committee.
The product's downside protection and income guarantees are winning over investors, industry watchers say.
Managed payout funds, also known as targeted distribution funds, aim to deliver lifetime income payments via a minimum distribution amount.
Three quarters of state and local workers would leave their jobs if pensions and insurance were cut.
Investors may be embracing risk without understanding what they're getting into, writes Barry Ritholtz.
Ultra-long debt is gaining in popularity. Why stop there?
Northwestern Mutual and RiverSource get top ranking in respective product lines, J.D. Power said.
Successful advisors are more likely to be open to technology, next-generation clients and innovation than their peers.
The Alliance for Lifetime Income joined the band's concert tour to promote the benefits of annuities.
Companion Life Insurance drew the biggest penalty for the violations, which involved immediate annuity replacement sales.
Plan sponsors have been afraid to add annuities to their platforms, but two bills in Congress could change that.
But interest in adding annuity options appears to be on the rise as the U.S. workforce ages, a new survey says.
The insurer said it needs time to comply with new state fiduciary rules that cover all annuity and insurance sales.
Just look what sellers of investment products can get away with.
Retirement-plan sponsors can help close this alarming gap, say researchers.
The #20 billion in second-quarter sales was the highest quarterly total ever, LIMRA said.