COLA formula was established by law in 1972.
But retirees will still need to prepare for rising health care costs in the long run, expert warns.
Deal adds $1.5 billion in AUM to N.Y. Life, including $950 million in multi-strategy exchange-traded fund.
Pacific Life Insurance Co., the insurer where Pimco was started as a bond unit in 1971, is moving money from Bill Gross's old firm to Janus Capital Group, which the bond legend joined last month.
Social Security and annuities make news, LPL's regulatory headaches continue, and the rest of this week's must-read stories for advisers.
Insurer brings its Essential Income 7 indexed annuity, Essential Income Benefit feature, to the platform.
Regulators homing in on whether insurers are presenting a picture of performance that's too rosy.
Debut of its new offerings follows an industrywide surge in popularity for the products.
Though rules still vary from state to state, all same-sex couples should take steps to claim benefits.
Clients invested in variable annuities tied to the subaccount version of the Pimco Total Return Fund may move their funds.
After paying off $182.3 billion bailout, insurer focused on property-casualty coverage, life insurance and retirement.
CEO Dennis Glass lays out insurer's strategy for when interest rates rise.
As health care costs in retirement rise, many advisers and clients still haven't accounted for a major part of those expenses: Medicare.
Successfully addressing the post-accumulation phase and providing simplicity still difficult for the industry.
SWS Financial Services charged with green-lighting variable annuity applications without proper review for suitability.
Monday <i>Breakfast with Benjamin:</i>Gross, Ivascyn to square off. Plus: The outlook for Pimco outflows is bad and worse, global markets keeping an eye on Hong Kong civil unrest, a warning about fixed indexed annuities, buying ahead of ex-dividend dates, and running the numbers on Roth IRAs
Program guarantees members coverage at a group rate FSI has secured as the plan sponsor.
Nearly half of families spend more than $5,000 per year in caregiving expenses.
New study focuses on the need to integrate health care and retirement planning.
On this morning's <i>Breakfast with Benjamin</i> menu, a guide to the Fed's upcoming comments, Calpers sends hedge funds out to pasture, getting on the stock-split bandwagon, and more.
