Athene's Challenge to Prudential Could Prove Bonanza for Apollo
The company is offering to take pension risk off employers’ hands.
Illinois Senate Overrides Governor's Veto of Spending, Tax Bills
The state's Medicaid program has been competing with public employee pension plans for cash.
UPS to Freeze Pensions for 70,000 Workers to Reduce Costs
The plan has a $9.85 billion and is about 76% underfunded.
Even San Francisco, flush with tech wealth, has pension problems
The tech boom failed to insulate San Francisco from a problem well known to industrial-era towns: the rising cost of pensions.
Annuities: Preparing clients to retire at (almost) any age
There is no 'one-size-fits-all' retirement plan; each individual client deserves a customized solution that addresses their unique situation.
Small companies have a big retirement problem
At companies with fewer than 50 workers, not even half the employees have access to a 401(k) or pension, according to the Bureau of Labor Statistics.
IRI study: Lifetime income providing financial security for retirees
While today's retirees can largely rely on pensions for retirement income, future generations will have to find other forms of income during retirement.
Public pensions are being overly optimistic
A recent case involving the discount rate applied by the California state pension system highlights a systemic problem everyone should be worried about.
A look at the world's top 20 largest pension funds
Assets fell 3 percent in 2015 for the world's 300 biggest funds, but growth since the financial crisis is up 19 percent.
IRI praises latest treasury effort on lifetime income
The Insured Retirement Institute (IRI) has released a statement from President and CEO Cathy Weatherford in response to the Treasury Department's final pension plan participant rule.