Milliman says public plan funded levels have improved, and pension buyout annuities are cheaper. By Allison Bell This article was originally published by ThinkAdvisor Milliman Inc. says falling interest rates have hurt funding levels at large U.S. corporate pension plans, but that even modest increases rates could push funding levels way over 100%. The ratio…
Charles Schwab releases variable annuity options; Vanguard announces plans to launch ultra-short bond ETF; and Annexus Retirement Solutions releases Lifetime Income Builder. By Amanda Umpierrez This article was originally published by PlanSponsor Charles Schwab Releases Variable Annuity Options Charles Schwab has introduced two new variable annuities. The Schwab Genesis Variable Annuity is offered directly to…
The innovative new design is engineered to fundamentally change how income is generated and delivered through defined contribution plans SCOTTSDALE, Ariz. (January 21, 2021) – Annexus Retirement Solutions, a leading retirement income product design company, today announced its new solution, Lifetime Income Builder. Lifetime Income Builder is financially engineered to help participants maximize lifetime income…
By Charles E.F. MillardThis article was originally published by Pensions & Investments Throughout the presidential campaign, during the transition and at his inauguration, Joe Biden has consistently said he wants to renew bipartisanship in Washington. But the first step is finding something both parties can agree on. Fortunately, that challenge is not as monumental as…
By Dave Paulsen This article was originally published by 401(K) Specialist Annuities have been part of successful individual retirement income strategies for a long time. But the adoption of income solutions has eluded the institutional market for decades. This is because the design of these first-generation income solutions has been fundamentally flawed, creating the following…