Investment Instruments

Annuitization to secure a lifetime income stream is far from the only option available to annuity purchasers.

A fiduciary would have to show that the benefits from reducing plan participant liquidity justified the impact.

IRAs lead with $19.2T, followed by $14.2T in defined contribution plans, according to ICI.

Labor has outlined steps 401(k) plan managers can take when considering alternative assets in investment lineups.

Withholding a portion of benefits is unfair to older workers, the bill's sponsor argues.

The exact contents of the proposal will be unclear until Labor releases the rule.