Browsing Tag
American Council of Life Insurers (ACLI)
27 posts
Middle Class Americans: Retirement Top Indicator of Financial Success
New ACLI research finds retirement security is now the leading measure of financial success for this large demographic, even as inflation concerns and doubts about retirement preparedness continue to weigh on households
What They’re Saying: Industry Reaction to Trump Retirement Plan Executive Order
Retirement industry quick to support creation of TrumpIRA.gov and use of Saver’s Match to expand retirement savings
Bipartisan Bill to Streamline 401(k) Distribution Options, Expand In-Service Rollover Choices is Back
The Retirement Simplification and Clarity Act would provide more flexibility, clearer guidance to Americans navigating retirement savings decisions
All 50 States Now on Board with NAIC Best Interest Annuity Rule
New Jersey becomes last state to adopt the NAIC standard for annuity sales applying to insurance agents and companies (but not to advisors working within ERISA-covered retirement plans)
Middle Class Retirement Confidence Crisis: 1 in 3 Unsure They Will Save Enough
ACLI survey finds middle-age Americans also less confident in savings than younger and older counterparts
Annuity Benefit Payments Reach $104B in 2023
This is a 9% increase compared to 2022, finds the ACLI
Full or Partial Annuitization May Create Better Retirement Outcomes
The ACLI backed research emphasizes the value of annuities in retirement income strategies over the popular 4% rule
Fiduciary Rule Stayed a Second Time in Texas
Stay issued on Friday means DOL’s embattled Retirement Security Rule will not take effect in September as originally scheduled while challenges play out in courts
Fiduciary Rule Reaction: For and Against
ARA among first to express strong support while several groups voice opposition
DOL Retirement Security Hearing: Groups Express Both Support and Strong Opposition
American Retirement Association among first to voice its views to Employee Benefits Security Administation over the proposed rule