How safe is your pension? As COVID-19 shutdowns hobble the U.S. economy, the question has taken on more urgency. While risks associated with underfunded pensions for state and local government ...

A.M. Best Company, Inc. U.S. life insurers are increasingly tapping into pension risk-transfers to help companies in the United States and abroad manage their mounting financial obligations to ...

Companies with defined-benefit pensions have been racing to offload those retirement plan liabilites to annuity providers via pension risk transfers, doing so at a record pace in the first quarter.

Equipped with multiple new features, the offering enables customers to personalise their retirement plan basis their unique needs Option to boost income annually up to 6% with Increasing Annuity ...

How an annuity and enhanced life insurance policy can replace drawing down from IRAs or 401(k)s.

A consumer advocate is talking to state insurance regulators about a grave threat to the performance of life insurance policies, pensions and individual annuity contracts: the possibility that the ...

GE is facing a proposed class-action lawsuit over its transfer of $1.7 billion in pension liabilities to an insurance company. The new case against GE, which was brought by law firm Schlichter Bogard, ...

Life insurance isn’t exactly the most exciting part of financial planning, but it’s one of the most important. For many people heading into or already in retirement, it becomes one of the most ...