No matter what you call them—“consolidators,” “aggregators,” or the newly popular “mega RIAs”—today’s large wealth management firms pursuing acquisitions, roll-ups and tuck-ins all share a common goal ...

Retirees may be overlooking one of the market’s most misunderstood income tools.

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 ...

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 ...

The message about fees is worth digging into further, as it presents one of the biggest objections made to variable annuities. Variable annuities have generally come under attack for the higher ...

Annuities offer guaranteed income and tax-deferred growth, but downsides may include high fees and opportunity costs.

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 ...

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 ...

If you are not part of the “Robinhood” generation of investors or maybe you don’t even know what “Robinhood Investments” are, then you probably clearly remember the risk and fear that you suffered, as ...

Annuities are an integral part of the retirement portfolios of investors who want a guaranteed stream of retirement income. A deferred annuity is a contract that provides the buyer with a steady ...

If you're nearing retirement right now, you're likely weighing options for turning your savings into reliable retirement income. The market has, after all, been anything but predictable recently, so ...