As lifespans get longer and workers' access to DB plans decrease, researchers make the case for a "hybrid" system to support retirees.
MassMutual survey shows despite three-quarters of parents indicating they prepared financially, around half still shared concerns around basic expenses and rising tuition.
Trusts remain lousy IRA beneficiaries, says tax expert.
Combining CITs and ETFs, the firm's newest offerings include index-based passive exposures from State Street and BlackRock.
The strategic partnership promises to help advisors at the hybrid RIA grow their business around annuities and structured products.
Over the first six months of one targeted initiative, the agency scooped $172M from 21,000 wealthy individuals who've been delinquent on their tax filings since 2017.
Next year, the firm will add a lifetime income feature paired with a target-date series that lets customers buy annuities or take distributions at retirement.
The vice president's latest proposal splits from the Biden administration with a more modest hike for million-dollar earners, plus incentives for small businesses.
The assortment of tax proposals from the Republican presidential nominee would add up to as much as $10.5T, according to preliminary estimates.
The diversified financial services company in Florida is reaffirming its focus on income with a rebrand of its consulting and marketing arm for independent annuity producers.
Vice President Kamala Harris's proposed tax on billionaires creates a lot of questions for financial advisors, especially when it comes to taxing unrealized capital gains.
Data from more than 7,800 women show ongoing insecurities in handling investments, but lack of representation holds many back from working with advisors
The company's decision to offset $27.5M in contributions over a five-year period was a breach of fiduciary duty to retirement plan participants, argues class action.
A 2022 Federal Reserve data snapshot showing growth in housing and financial assets should be read with care, says retirement think tank.
Working longer helps with finances and psychological wellbeing, but over half of people end up retiring sooner than planned.
"Customers should use regulated industries to their advantage and hire career specialists in each area of their lives," said one industry executive.
Sales continue to rise across the industry, Limra found.
Its latest retirement data dive reveals continued growth in contributions and assets, including an encouraging Gen X trend.
Numerous others, including Bank of America and Nordstrom, are also facing proposed class actions.
Research from the Alliance of Lifetime Income highlights the economic implications of a historic turnover in the workforce.
