Retirement

Fred Barstein on a market upheaval coming in the DC market.

Long-term care and outliving their money are major concerns for today’s seniors, according to a recent survey, but PPACA and the upcoming election has particularly elevated their concern over the primary source of their health care coverage.

Boosted premiums revenue and reducing costs have allowed two of the three largest U.S. health insurers to beat analysts’ expectations for 2012 profits.

Inflation and taxation are the biggest concerns for baby boomers who see retirement drifting from 65 to 75, a new analysis shows.

Sales of variable annuities are near their pre-market crash levels, but they aren’t well understood by investors, and one analyst says their guaranteed income stream can get undersold to participants.

Insiders say Sun Life wants to focus more on group and voluntary benefits and one investment firm or another could pay more than $1 billion for an annuities business to access a stable pool of funds for their investment-management operations.

Sales of variable annuities are near their pre-market crash levels, but they aren’t well understood by investors, and one analyst says their guaranteed income stream can get undersold to participants.

In new Pew Research data, noticeably more adults lack confidence about their retirement savings compared to just a few years ago, and those aged 36 to 40 are the most concerned.

MassMutual has webisodes and a seminar lined up for next week for plan sponsors who want to take advantage of the chance to stimulate active participation.

The U.S. Supreme Court won’t be hearing lawsuits that said Citigroup and McGraw-Hill breached their duties as plan sponsors.