Tag: Guaranteed income

Workplace retirement plan investors who use target-date funds feel more secure about reaching their retirement goals and managing their portfolios than those who do not. 

DST Systems Inc. announced a new administrative solution that makes retirement income products more widely available to sponsors of defined contribution retirement plans and their participants. 

Prudential Retirement is offering J.P. Morgan SmartRetirement Target-Date Strategies and Fidelity VIP (Variable Insurance Product) Freedom Funds in its lineup of target-date funds with a guaranteed lifetime income...

Allianz Life Insurance Company of North America (Allianz Life) launched the Allianz 365i Annuity and Income Maximizer Rider.

 ING’s U.S. Retirement division launched the ING Lifetime Income Protection Program.    

 Aria Retirement Solutions introduced the first of its series of RetireOne guaranteed income solutions.  

Nationwide Financial Services, Inc. has added the Nationwide Bank FDIC Insured Deposit Account option to its menu of retirement plan offerings.

The retirement risk advisers think is most important for them to address is longevity.

Diversified Investment Advisors has a new in-plan investment option that guarantees income for life, while allowing retirement plan participants to participate in the stock and bond markets and...

Longer life spans, increased personal responsibility for retirement savings, and the recent market downturn can seriously impact a person’s retirement preparedness and most Americans in a recent study...

SunTrust Banks has added a guaranteed lifetime income investment option, ClearCourse, to its institutional 401(k) investment platform.

While many advisers are still not embracing annuities in retirement income planning, almost 30% said they have increased their use of guaranteed income streams amid the market crisis,...

BlackRock Inc. and the largest U.S. business lobby groups are fighting to strike a provision in the financial regulations overhaul legislation that they say could harm millions of...

Following the deadline for responses to the Department of Labor and Treasury Department’s request for information about lifetime income options in retirement plans, the Government Accountability Office (GAO)...

ING said it broadly supports investing in guaranteed lifetime income options within a retirement plan and strongly encourages employers to add this type of feature to their plans.

Nationwide Financial Services, Inc., has introduced 401KIncome, a public policy proposal that it said “provides incentives for the funding of guaranteed retirement income while strengthening the current employer-sponsored...

The ERISA Industry Committee (ERIC) urged the U.S. Department of Labor (DoL) against requiring sponsors to feature annuities as distribution options and toward providing a genuine safe harbor...

Financial advisers now have access to an online version of Nationwide’s The Retirement Income and Income Risk Workbook, which generates a suggested retirement income portfolio for clients.