Retirement Income / Annuities

  • Driving Retirement Outcomes
    Driving Retirement Outcomes

    U.S. insurance carriers emphasizing annuities and investment solutions with growth potential and downside mitigation features, and prioritizing in-plan solutions

    Major US based insurance carriers continue to focus on value propositions driven by investor demand, highlighted by annuity products that provide downside risk management and also allow for upside participation, as well as in-plan solutions that can provide guaranteed retirement income.
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  • Retirement Home Services Market Analysis & Forecast
    Retirement Home Services Market Analysis & Forecast

    Market size is set to grow by USD 4.36 billion from 2024-2028

    The global retirement home services market size is estimated to grow by USD 4.36 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 2.6% during the forecast period.
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  • Reality Bites As Generation X Approaches Retirement And More Than 1 In 5 Say They Will Never Retire
    Reality Bites As Generation X Approaches Retirement And More Than 1 In 5 Say They Will Never Retire

    Nearly half of North American Gen Xers accept they may have to work longer than originally planned before retiring

    Perpetually stuck between older, more popular Baby Boomers and younger, more precocious Millennials, Generation X has been overlooked for most of the 21st Century
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  • Pension Buyout Index
    Pension Buyout Index

    Competitive pension risk transfer costs inches down in May, from 100.9% to 100.7%

    Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the pension risk transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.
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  • 2024 Modern Wealth Survey
    2024 Modern Wealth Survey

    Financial confidence increasing from generation to generation and younger Americans investing at an earlier age

    More than 60% of Americans feel they are in a better position to achieve their financial goals than the generations that came before them, according to Schwab’s eighth annual Modern Wealth Survey, an examination of how Americans think about saving, spending, investing and wealth.
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  • CITs Assert Greater Dominance In Defined Contribution Plans
    CITs Assert Greater Dominance In Defined Contribution Plans

    Competitive pricing and transparency will play a crucial role in maintaining mutual funds as an appealing investment vehicle

    The growing adoption of collective investment trusts (CITs) in the defined contribution (DC) market has raised questions about whether mutual funds are heading toward obsolescence.
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  • Public Pension Funding Index
    Public Pension Funding Index

    Public pension funded ratio rebounds to 79.4% in May after strong market returns

    Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans.
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  • Three-Month 2024 US Life/Annuity Financial Results
    Three-Month 2024 US Life/Annuity Financial Results

    Industry results were aided by a decline in severe convective storms

    The U.S. life/annuity industry saw its net income drop by 80% in the first quarter of 2024 compared with the same prior-year period, according to preliminary financial results.
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  • 2024 Millennials’ Financial Milestones
    2024 Millennials’ Financial Milestones

    Nearly half of millennials say they are doing better financially than their parents at the same age

    Achieving financial independence is the highest priority for Americans aged 25 to 44, according to the 2024 Millennials' Financial Milestones study, the latest CFP Board research report.
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  • Gen X Approaching Retirement Crunch Time With Savings Regrets
    Gen X Approaching Retirement Crunch Time With Savings Regrets

    Gen Xers are less financially confident than boomers and millennials

    Gen Xers, who are mostly in their late 40s and 50s, are approaching an important time in preparing to retire. Yet, Gen Xers are feeling less confident than ever about their finances and more worried about retirement than boomers or millennials.
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  • Why Are Employees Not Participating In Their 401(k)s?
    Why Are Employees Not Participating In Their 401(k)s?

    Financial pressures and enrollment misperceptions prevent employees from contributing to workplace retirement plans

    Nearly six-in-10 employees (59%) who are not contributing to their 401(k) or other workplace retirement plan think they are, according to the latest Principal® Retirement Security Survey.
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  • Analyzing 20 Years Of 401(k) Managed Account Data, Innovation, And Trends
    Analyzing 20 Years Of 401(k) Managed Account Data, Innovation, And Trends

    Managed accounts are helping employees of all ages with optimal benefit and uptake closer to retirement age

    Edelman Financial Engines (EFE), America’s top independent wealth planning and workplace investment advisory firm, today released a ground-breaking report that features data and insights gained from 20 years of helping employees save for retirement through its industry-leading managed account program.
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  • Improving Retirement Readiness Across Investor Profiles Through Financial Wellness Programs
    Improving Retirement Readiness Across Investor Profiles Through Financial Wellness Programs

    Only 24% of active 401(k) participants feel very confident in maintaining current living standard in retirement

    Cerulli finds that only 24% of active 401(k) participants say they are very confident they will be able to maintain their current standard of living in retirement. The lack of retirement confidence among average Americans comes as the plethora of tools, products, and solutions aimed at improving defined contribution (DC) participants’ financial wellness nears oversaturation.
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