UPS to Freeze Pensions for 70,000 Workers to Reduce Costs
The plan has a $9.85 billion and is about 76% underfunded.
What the Senate Health Care Fight Means for Advisors
Whether you sell health insurance, annuities or pork belly futures, this could hit you, too.
Reinsurance Tax Could Raise Life and Annuity Costs 3.3%: Analysts
A border adjustment tax system, which has been floated to help fund the construction of a wall along the Mexican border, could hit international reinsurance.
Stop Fooling Yourself About 8% Easy Returns
Too many retirement savers are counting on gains over 9%.
State Pensions’ Shortfall Grew in Fiscal 2016
Over the 10-year period ending in 2016, state pensions rotated out of U.S. equities into other growth assets, Wilshire Consulting reported.
Freitag to Oversee Lincoln Life Unit: Insurance People
Lincoln's move will put an executive with roots in risk management over life operations.
Insurers Make Two Major Pension Risk Transfer Deals
Hartford and Accenture used annuities to cut defined-benefit plan obligations by $2.6 billion.
Novarica Finds a Sign Annuity Issuers Still Need You
The consulting firm says agent portals appear to be high-priority IT projects.
SEC Candidate Favors New Life Regulatory Strategy
Hester Peirce has suggested that a single-state approach might beat the current multi-state strategy.
Social Security Might Be Too Much of a Mystery to Affect Savings: Economists
Researchers found little evidence in survey data that public benefits crowd out private savings.