Retirement Income / Annuities

  • Rethinking Life In Retirement
    Rethinking Life In Retirement

    Nearly seven in 10 investors say they may continue working in retirement

    Turbulent market conditions and rampant inflation have forced investors to consider working after their retirement, according to Nationwide’s eighth annual Advisor Authority survey, powered by the Nationwide Retirement Institute. Over two-thirds (69%) of non-retired investors may work or may continue working after they retire, and more than two-fifths of these investors (44%) say they’ll have…
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  • 2022 U.S. Retail Annuity Sales Shatter Annual Sales Records Set In 2008
    2022 U.S. Retail Annuity Sales Shatter Annual Sales Records Set In 2008

    Consumers seeking investment protection coupled with growth opportunity drive unprecedented sales

    Propelled by record-high fixed annuity sales, total annuity sales surged to $310.6 billion in 2022, a 22% increase from 2021 results and 17% higher than the record set in 2008, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey.
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  • The State Of The Retirement Industry
    The State Of The Retirement Industry

    Vastly different inflation expectations found among plan sponsors and financial advisors in 2023[1]

    In an effort to provide valuable insights to the retirement industry, Ubiquity Retirement + Savings® (Ubiquity), conducted its independent inaugural "State of the Industry" survey which revealed concerns around the economy and its impact on the performance of 401(k) plans in 2023.
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  • Calculating Your Legacy
    Calculating Your Legacy

    Tax season is the best time to think about your future … and what comes after

    Tax season is as good time as any to take stock of your financial situation, and that includes thinking about what will happen to your money after you’re gone.
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  • IRA Assets Reach Nearly $14 Trillion
    IRA Assets Reach Nearly $14 Trillion

    Asset growth can be attributed to rollovers from defined contribution plans

    Private bank and bank trust executives are actively implementing inorganic growth strategies, namely mergers and acquisitions (M&A) and advisor recruitment, to achieve scale in an increasingly competitive wealth management environment.
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  • U.S. Retirement – 2023 Outlook
    U.S. Retirement – 2023 Outlook

    Since the (long-awaited) SECURE Act 2.0, it seems 2023 may be the year that businesses and individuals get the help with retirement plans they need

    by: Jack Barry, Head of Product Development, John Hancock Retirement

    Last year was one of headwinds for the retirement industry, with volatility, inflation, and global crises affecting businesses that might have offered a plan and individuals who were trying to save in a plan.
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  • Exploring The Mindset Around Wealth In America Today
    Exploring The Mindset Around Wealth In America Today

    Inflation, recession fears, and political uncertainty are undermining confidence across all financial demographic groups

    To better understand how Americans perceive wealth in relation to the world around them, Edelman Financial Engines (EFE) the nation’s top independent wealth planning and investment advisory firm[1], today released findings from a new report titled Everyday Wealth in America.
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  • Middle-Income Americans Prepare For Possible Recession In 2023
    Middle-Income Americans Prepare For Possible Recession In 2023

    Families look to decrease debt and become financially secure amid rocky economic outlook

    Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the United States and Canada, released its Middle-Income Financial Security Monitor for the fourth quarter of 2022. The survey, in its third year, measures changes in the sentiments of middle-income families in the U.S. about their finances.
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  • Retirement Planning 2023: A Good Time To Start
    Retirement Planning 2023: A Good Time To Start

    It is never too early to start planning for retirement, especially if one is considering spending their golden years abroad

    The world is brimming with breathtaking destinations for retirees to choose from, and those who start setting up their foundation in the country of their choice early are the ones who get to enjoy every second of it.
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  • Economic Uncertainty Delays Retirement Plans For Business Owners
    Economic Uncertainty Delays Retirement Plans For Business Owners

    Nearly two-thirds (65%) of business owners changed their retirement plans in the past 12 months and almost all (95%) business owners have concerns when it comes to achieving their financial goals

    An annual survey of third-party business owners reveals that inflation and supply chain issues negatively impacted business owners’ retirement plans in the past 12 months, forcing many to re-evaluate their business plans and seek financial planning advice from professionals.
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  • State-Sponsored Retirement Savings Plans Address Retirement Saving Gap With Lessons From Defined Contribution Plan Providers
    State-Sponsored Retirement Savings Plans Address Retirement Saving Gap With Lessons From Defined Contribution Plan Providers

    Early implementation efforts appear successful—but leave room for improvement

    For decades, expanding retirement plan access to employees of small businesses has posed a challenge for their employers as well as legislators. As of 2021, just half of workers for firms with fewer than 50 employees have access to an employer-sponsored retirement plan.
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  • Finance’s Wrong Turns
    Finance’s Wrong Turns

    A new framework for financial markets, asset management, and social science

    Dr. Richard Michaud, President, and CEO of New Frontier Advisors LLC announced today the publication of his latest research on theory and practice in investment management: Finance’s Wrong Turns: A New Framework for Financial Markets, Asset Management, and Social Science, published by Palgrave Macmillan.
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  • Rising Interest Rates Suppress Debt Appetite For Life/Annuity Insurers
    Rising Interest Rates Suppress Debt Appetite For Life/Annuity Insurers

    Macro-economic challenges, including inflation and capital market volatility, could lead to more volatile earnings, impacting debt servicing ratios

    Publicly traded U.S. life/annuity (L/A) insurers are taking a more-cautious approach to issuing debt given rising interest rates, and instead have put a greater focus on strengthening their enterprise risk management, corporate governance and stress testing capabilities. according to a new AM Best special report.
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