Prudential Securities said Friday it will notify and offer remedies to customers who may have been affected by what it called "irregularities" in sales of annuities, as securities regulators ...

The idea of running out of money at some point in life can be scary. But as good a job as you might do of saving for ...

A common fear among retirees is running out of money. Though inflation isn't as high as it was in previous years, the cost of living is considerably higher today than it was just five years ago, and ...

In the 1934 comedy classic It’s a Gift, W.C. Fields’ character encounters an aggressive, slick-talking annuities salesman in an indelible scene that helped shape a negative perception of the product.

In recent years, there has been an increase in the sale of individual annuity contracts to participants in defined contribution (DC) plans, and most of these sales are of individual variable annuity ...

Retirement savers hear constantly that guaranteed income is priceless, yet few topics divide experts more sharply than ...

Forbes contributors publish independent expert analyses and insights. Elizabeth Bauer is an actuary who writes about retirement policy. So let's start with a disclaimer: I am an actuary, but I don't ...

Unfortunately, there's not a right answer either. Nearly all workers covered by a traditional pension plan face this question as employers increasingly offer retiring employees a choice of how to take ...

For decades, Americans have relied on pensions to fund their lifestyles during retirement. This is no longer the case with pensions being phased out in most workplaces. Given today’s high interest ...

Against a backdrop of low interest rates on savings and a volatile stock market, near and current retirees are hungry for predictable, guaranteed income for life. But many clients and, in some cases, ...