Retirees are weathering retirement under “substantial risk and uncertainty” by not choosing a deferred income annuity.
Wild interest rate fluctuations made the third quarter a tough time to manage the investments supporting annuity obligations.
BlackRock's Anne Ackerley thinks managers can and should offer their clients something better than the 'lump sum, go figure it out' model we have.
Insurance companies pay a larger monthly benefit to men, since on average they expect to make fewer payments to men than to women.