Retirement Trends

Because DIYers are emotionally resistant to being helped, employers and providers alike need to rethink their approach to reach this segment.

Profit at its U.S.-based Jackson National Life unit surged 67 percent as sales of variable annuities jumped 41 percent.

In-plan annuity guarantees allow participants in retirement plans to protect some of their savings to provide future retirement income while they are still working and contributing to their plans.

Several of the biggest names in the 401(k) industry received rating changes in April. Blackrock Capital Aggregation fund was upgraded to Bronze from neutral. Diamond Hill small-cap fund was upgraded to gold from silver.

The funded status deficit of the 100 largest corporate defined benefit (DB) pension plans increased by $15 billion in April.

The rule amends PBGCs regulation on benefits payable in terminated single-employer plans.