Business of Benefits

Business of Benefits

Tag Archives: trial annuities

Private Employer DB Demise Was Inevitable, and Should Not Be Revitalized in Current Form.

Posted in Lifetime Income
The private employer-sponsored defined benefit plan has had a good run of it, supporting two generations well in its goal of providing economic security  for retirees.  But the last 10 years have seen gradual though substantial decline in the number of employers sponsoring these plans, and in the percentage of employees being covered by these … Continue Reading

Addressing Fiduciary Concerns in the Purchase of 401(k) Distributed Annuities: Dealing With The Five “I’s”- Part 1, Irrevocability

Posted in Lifetime Income
The first element in a fiduciary review is to get at least a layman's grasp on the nature of insurance and insurance regulation. Pooling risks with others is an uncomfortable concept that is foreign to fiduciary with a defined contribution mindset Because of pooling and this "30 year risk," insurance is regulated in ways of no other industry… Continue Reading
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