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With interest rates rising, the IRI says it's seeing annuity sales swing up, with fixed sales reaching their highest mark in six quarters and variable annuity sales at their highest level in a year.

Deferred income annuities really came into their own in 2012, reaching nearly $1 billion in sales.

Many in the industry say they like the idea of helping plan participants better understand how their current retirement savings will translate into lifetime income upon retirement. But thats where agreement stops.

Both groups support the concept, so long as a few changes are made.

The time has come, IRI says, to separate the generation into early and late boomers.

Variable annuity sales showed some improvement in the first quarter, a positive sign for an industry that has been slumping.

A concurrent resolution introduced in the U.S. Senate and House this week supports the current tax incentives for retirement savings.

Baby Boomers confidence in their ability to retire continued its downward slide in 2013.