Americans Face “Financial Vortex” in Navigating Path to Retirement
Even as employers have improved their defined contribution retirement savings plans, funding one’s own retirement remains, for many workers, a challenging task.
Plan Sponsors Focus on Financial Wellness as DC Plans Continue to Evolve
When defined contribution retirement plans started to become popular in the 1980s, they were viewed primarily as a supplement to defined benefit pension plans. But over time, many employers stopped offering DB plans in favor of DC plans, making the latter the principal retirement savings vehicle for most employees.
Stable Value: More Than a Business
Members of the stable value industry, it turns out, often see their work as more than a job or even a career. They see it as an opportunity to help American workers achieve a financially secure retirement, and they see their colleagues across the industry as partners in that effort.
Retirement Income: The Big Opportunity for DC Plans?
Reversing decades of growth, defined contribution retirement savings plans experienced net outflows of money between 2019 and 2021. Now, says Shawn O’Brien, associate director, retirement, at consulting and market research firm Cerulli Associates, many defined contribution plan fiduciaries, asset managers, and insurers are looking at ways to make DC plans more attractive retirement destinations through more robust in-plan decumulation features, services, and products.
Job Posting: Product Manager — Empower Investments
ABOUT THIS POSITION The Product Manager (PM) is responsible for day-to-day product support for EmpowerInvestment’s proprietary stable value products. The PM is the SME in providing stable valuesolutions to existing clients and prospects in conjunction with Empower and EmpowerInvestment sales and management teams in efforts to drive AUM. Additionally, the PM will beresponsible for creating […]
Job Posting: Director, Stable Value Products – Manulife and John Hancock Careers
Are you looking for a supportive, collaborative workplace with great teams and inspiring leaders? You’ve come to the right place. We’re looking for ambitious people who share our values and want to make every day better for people around the world. If this sounds like you, and the career below sounds exciting, we’d like to […]
The Fed and The Macroeconomic Investment Landscape
Fed’s Inflation Fight Will Likely Lead to Economic Pain in 2023
The Federal Reserve’s battle with inflation will likely inflict short-term pain on the U.S. economy, Jeff Grills, head of the emerging markets debt team at Aegon Asset Management, told participants at the 2022 SVIA Fall Forum in early October.
Retirement Realities: Why Retirement Plans Are Evolving into Retirement Programs
A little more than two years ago, The Washington Post reported on “the Great American Migration of 2020”—a reference to describe the millions of Americans who were moving in response to the COVID-19 pandemic.