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Financial advisers will play a critical role in educating plan sponsors, who have been a little reluctant to put annuities inside of a 401(k) plan until SECURE 2.0 now makes it more advantageous for employers, says trade group LIMRA.

Asset manager BlackRock has launched LifePath Paycheck, which gives employees access to guaranteed income through a target date fund, allowing DC plans to switch some of an enrollee's investments into an annuity at age 55.

Almost 7 in 10 young adults agree their employer should provide services that address financial stress.

Knowing what is on the minds of workers can help benefits advisors, carriers, and others position conversations and strategies that lean into workers' thoughts and provide solutions to address them.

Start talking to your younger employees about long-term care and life insurance. They'll thank you later.

Small changes can make a big difference, both for workers seeking additional help and coverage for their financial future, and for employers seeking new ways to support their employees, particularly during Women's History Month.

Following record-high sales in 2022, first half 2023 sales of annuities (which now include free withdrawal provisions) jumped 28% to $182.7 billion, the highest ever recorded in the first 6 months of a year, according to LIMRA.

What do carriers see as the future in the absence management and leave management space?