Retirement

Market volatility has made annuities markedly more attractive in the past year.

As the emphasis of defined contribution retirement plans shifts from wealth accumulation to income replacement, new pitfalls lie along the new path.

Members of the Department of Labor’s ERISA Advisory Council have scheduled an open forum to discuss disability benefits in defined contribution plans, as well as other topics.

HR pros invest time and effort in the EBN-EBA Financial Fitness Challenge to help employees become financially healthy.

The American Institute of CPAs has sent a letter to members of the House Financial Services Committee supporting a bill aimed at narrowing the definition of “municipal advisor,” without weakening investor protections.

Nearly half of those without annuities in a recent survey worry providers could not meet guaranteed obligations and only 5% were highly knowledgeable on the subject.

Nearly two-thirds of Canadians surveyed have fallen short of their savings goal, and many plan to work part-time to supplement their pension.

Roth IRAs appeal most to the youngest and oldest investors, according to Fidelity, their No. 1 provider, which also reports an “across the board” investment know-how hunger.

Many in the Lone Star State are bucking the idea that moving to 401(k)-style defined-savings plans like Kansas or Rhode Island could help bridge assets with future obligations.

Massachusetts Mutual Life Insurance Company has entered into a definitive agreement with The Hartford to purchase its Retirement Plans business for $400 million, subject to adjustment at closing.