Most people don't plan bequests and many unnecessarily cut back on discretionary spending in retirement, according to a paper from an industry group.
The proposed legislation governing funds for fiscal year 2025 would hamper the agency’s ability to administer, implement, or enforce the rule.
Firms must take reasonable steps to avoid financial advisors' selling away, one compliance expert noted.
Prudential Life says there’s hope for 55-year-olds even as trends of inflation, disappearing DB pensions and “silver squatters” wear on.
New PIMCO study underscores trends in non-guaranteed income solutions, QDIAs, and diverging approaches to address retirees' needs.
'The evidence further reflected a pattern of churning,' one executive said about the case.
The firm’s new head of advanced wealth solutions comes with deep expertise in retirement income, life insurance, and annuities.
Sales through March in 2024 were the highest seen during the first quarter of a year, according to Limra.
A coalition of trade associations including the Insured Retirement Institute, ACLI, and NAIFA has filed a civil suit against the contentious Retirement Security rule.
Research lifts lid on RIAs' use of annuities, growth strategies, and opportunity to take wallet share from banks.
Latest survey reveals all-time high of $106.7B in Q1 sales, with winning streaks in fixed-rate deferred annuities, FIAs, and RILAs.
The lifetime income research provider’s collaboration brings a new tech platform to empower advisors using annuities.
Associations for life insurers and financial advisors laud the move, renews call for “sensible protections” around guaranteed lifetime income products.
A bicameral group of senators and house representatives have launched a joint resolution seeking to quash the rule.
With 'new North Star' metric, TIAA urges new retirees to rethink 4 percent rule and incorporate a lifetime income strategy.
The firm has announced a surge in advisors and AUC.
The firms have teamed up to build a centralized tech platform for advisors to access alternatives, structured notes, and annuities.
The new fiduciary rule will pull a lot of brokers under the Employee Retirement Income Security Act, and harkens back to the levelized compensation from the 2016 rule.
Speed and nature of new DOL rule has left many in the insurance industry fuming, losing sight of the impact on ordinary investors
Ditching your legacy annuities when going independent used to be commonplace but there are now more options, says industry insiders.
