Browsing Tag
American Council of Life Insurers (ACLI)
24 posts
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
New DOL Fiduciary Rule Under OMB Review; Gets Bashed by Insurance Trade Groups
While actual text of proposed fiduciary rule delivered to OMB late Friday won’t be made public for about a month, groups say it “will hurt working families’ ability to save for retirement”
Economy has Retirement Savers Eyeing Guaranteed Lifetime Income, Financial Planning Options
Morning Consult survey finds more than half considering a guaranteed lifetime income product
‘Billions of Dollars in New Savings’ If SECURE 2.0 Passes: ACLI
New research provides estimates for how the proposed bill would increase savings over 10 years for specific groups of Americans