Investment Instruments

Paying down debt was the No. 1 priority of 22 percent of those surveyed, compared with 20 percent a year ago.

MetLife Inc. and Fidelity Investments have teamed up to produce a new deferred variable annuity that provides a principal protection guarantee.

While the new rules allow QLACs to be offered in DC plans, the first to come out were expected be those for IRAs.

The figures provide a rare glimpse of how some executives were paid at Pimco, even as performance at the firms main fund stumbled and clients started to pull out.

A Fidelity study shows that employees with access to both an ESPP and a 401(k) tend to borrow a smaller amount from their 401(k) and had a lower outstanding loan amount.

Half of all U.S. households of non-retired and retired people who have at least $100,000 in assets are interested in converting assets into guaranteed lifetime income for retirement.