Investment Instruments

The cost of purchasing annuities from an insurer as a way to pass off pension liabilities stayed about the same in January, at 108.5 percent of the accounting liability of a defined benefit pension plan.

Research showed that target-date funds are expected to play an increasingly important role in workplace retirement plans.

According to a LIMRA study, Jackson National Life Insurance Company sold $23.2 billion of total annuities in 2013.

The transaction would include retirement products known as variable annuities, said sources, who asked not to be identified.

With thousands of strategies out there to choose from, it isnt all that surprising that people dont understand their options.

The numbers trended up as indexed annuity sales rose 15 percent from the previous quarter and grew 35 percent compared to the same period a year ago.