IRI Insight – December 2015

IRI Insight: Retirement Income Innovation Explored

New IRI research shows that the retirement income industry is well-positioned for the New Year, with strong financials and balance sheet fundamentals. Meanwhile demographics are helping to sustain robust demand for lifetime income strategies. To meet this demand, annuity providers continue to innovate their product offerings to both manage risk and better cater to the needs of today’s consumer. These innovations include new Deferred Income Annuities that meet the QLAC criteria, new launches of Investment-Oriented Variable Annuities, and new product designs in Fixed Indexed Annuities.

Also in the December issue of the IRI Insight:

  • Sammons Retirement Solutions President William Lowe highlights important considerations for financial professionals when evaluating some of the new lifetime income offerings on the market, such as IOVAs and FIAs with Lifetime Income Benefits.
  • A snapshot of key retirement planning figures – including contribution limits, tax rates and Medicare premiums – impacting retirees and savers in 2016.
  • Prudential’s Rodney Allain discusses how the Affordable Care Act is creating new options for retirees who are not yet eligible for Medicare, but do not wish to continue full-time employment for the sole purpose of maintaining their health insurance.
Click here to via the December issue in PDF format or read below.