The nations 100 largest defined benefit pension plans collectively experienced a $30 billion improvement in pension funding this year, according to a new survey.
Nationwide's survey finds that only 14 percent of women-owned small businesses currently offer their employees a 401(k) or other employee-funded retirement plan. And only 5 percent offer a company-funded defined benefit plan.
While just over half of the estimated 315,000 retail investment advisors in the United States currently support at least one 401(k) plan, only 7% of advisors are heavy plan producers with $25 million or more in 401(k) assets under management, according to a new report.
Net sales of variable annuities surged in the third quarter of 2011, reaching their highest level since the comparable period in 2007, according to a new study.
Asset-based long-term care products have taken on heightened importance in light of the potential appeal of a federal law designed to provide long-term care coverage, according to a Midwestern-based insurer.
The American Society of Pension Professionals & Actuaries has inaugurated Robert Richter as 2011-2012 president of the organization during the opening session of ASPPA's annual conference at the Gaylord Hotel in National Harbor, Md.
Most households with individuals employed in state and local government can expect to receive at retirement well below the 80% of pre-retirement income needed to maintain their pre-retirement living standards, according to new research.
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"articles": [
{
"uri": "/2012/02/07/pension-plans-reduce-funding-deficit-by-30-billion/",
"title": "Pension plans reduce funding deficit by $30 billion in 2012",
"byline": "Warren S. Hersch",
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"prettyDate": "February 07, 2012",
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"summary": "The nations 100 largest defined benefit pension plans collectively experienced a $30 billion improvement in pension funding this year, according to a new survey.",
"body": null
},
{
"uri": "/2012/01/26/gallup-poll-u-s-financial-worries-rival-those-of-1/",
"title": "Gallup poll: U.S. financial worries rival those of 1992",
"byline": " Warren S. Hersch ",
"kicker": "",
"prettyDate": "January 26, 2012",
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"summary": "More half of Americans worry about maintaining their standard of living, according to a new poll.",
"body": null
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{
"uri": "/2012/01/13/women-owned-businesses-come-up-short-on-retirement/",
"title": "Women-owned businesses come up short on retirement plans",
"byline": "Warren S. Hersch",
"kicker": "",
"prettyDate": "January 13, 2012",
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"authors": [
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"summary": "Nationwide's survey finds that only 14 percent of women-owned small businesses currently offer their employees a 401(k) or other employee-funded retirement plan. And only 5 percent offer a company-funded defined benefit plan.",
"body": null
},
{
"uri": "/2011/12/06/limra-survey-va-buyers-overwhelmingly-favored-glb/",
"title": "LIMRA survey: VA buyers overwhelmingly favored GLB option in third quarter",
"byline": "Warren S. Hersch",
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"prettyDate": "December 06, 2011",
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"summary": "Nearly 9 in 10 variable annuity buyers elected to purchase a guaranteed living benefit rider in the third quarter of 2011, according to a new report.",
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},
{
"uri": "/2011/12/01/cogent-research-elite-group-of-advisors-driving-40-412-56452/",
"title": "Cogent research: Elite group of advisors driving 401(k) business",
"byline": "Warren S. Hersch",
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"prettyDate": "December 01, 2011",
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"authors": [
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"kickerNode": [],
"summary": "While just over half of the estimated 315,000 retail investment advisors in the United States currently support at least one 401(k) plan, only 7% of advisors are heavy plan producers with $25 million or more in 401(k) assets under management, according to a new report.",
"body": null
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{
"uri": "/2011/11/29/iri-survey-net-va-sales-post-38-gain-in-third-quar-412-56571/",
"title": "IRI Survey: Net VA Sales Post 38% Gain in Third Quarter",
"byline": "Warren S. Hersch",
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"prettyDate": "November 29, 2011",
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"summary": "Net sales of variable annuities surged in the third quarter of 2011, reaching their highest level since the comparable period in 2007, according to a new study.",
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},
{
"uri": "/2011/11/22/oneamerica-long-term-care-products-remain-viable-o/",
"title": "OneAmerica: Long-term care products remain viable option",
"byline": "Warren S. Hersch",
"kicker": "",
"prettyDate": "November 22, 2011",
"timeToRead": "2 minute",
"image": {
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"authors": [
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"summary": "Asset-based long-term care products have taken on heightened importance in light of the potential appeal of a federal law designed to provide long-term care coverage, according to a Midwestern-based insurer.",
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},
{
"uri": "/2011/10/25/metlife-mmi-survey-long-term-care-costs-rose-in-20-412-57553/",
"title": "MetLife MMI survey: Long-term care costs rose in 2011",
"byline": "Warren S. Hersch",
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"prettyDate": "October 25, 2011",
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"summary": "Long-term care costs increased during the year past, according to a new report.",
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{
"uri": "/2011/10/24/asppa-taps-robert-richter-as-its-2011-12-president/",
"title": "ASPPA taps Robert Richter as its 2011-12 president",
"byline": "Warren S. Hersch",
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"summary": "The American Society of Pension Professionals & Actuaries has inaugurated Robert Richter as 2011-2012 president of the organization during the opening session of ASPPA's annual conference at the Gaylord Hotel in National Harbor, Md.",
"body": null
},
{
"uri": "/2011/10/21/research-finds-state-local-pensions-below-key-reti-412-57595/",
"title": "Research finds state-local pensions below key retirement benchmark",
"byline": "Warren S. Hersch",
"kicker": "",
"prettyDate": "October 21, 2011",
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"summary": "Most households with individuals employed in state and local government can expect to receive at retirement well below the 80% of pre-retirement income needed to maintain their pre-retirement living standards, according to new research.",
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}
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}
}
