IRI released a new study revealing that the overwhelming majority of consumers want their retirement benefit statements to provide an estimate of lifetime income. The study also found that these estimates can boost retirement savings.
IRI released its state of the industry report identifying marketplace opportunities ahead in 2015. The report shows that the industry is financially sound and in a strong position to expand its share of the retirement market.
A new IRI study shows that putting off contributing to a retirement plan, even for a few years, could greatly reduce a worker’s retirement income. Postponing savings for 10 years may reduce retirement income by nearly a quarter, the study found.
New IRI research shows healthy retirees, as a result of longer lifespans, may pay more in cumulative retirement health costs than their less healthy peers. The report found these costs can be better managed with income annuities in a retirement strategy.
IRI released a new report showing investors are better prepared for retirement compared to the broader population, but are still lacking knowledge regarding financial products. In turn, they are working with financial advisors and valuing their advice.
A new IRI report shows that few Baby Boomer and Gen X women are confident in achieving a financially secure retirement. It also found that many women are still facing financial challenges, which are impairing their retirement readiness and outlook.
IRI issued a new report showing Baby Boomers’ confidence in their retirement plans continues to drop, a trend dating back to 2011. But while confidence continues to slip, IRI found slight improvements in several important retirement readiness measures.
A new IRI research study on the retirement outlook for Generation X shows a decline in retirement confidence and savings among the cohort. GenXers reported that their median retirement savings have dropped 15 percent over the last two years.
IRI released its state of the industry report identifying opportunities ahead in 2014. IRI sees macroeconomic headwinds easing after interest rates rose in 2013. With ongoing product innovation and consumer demand, the industry is poised to grow in 2014.
IRI released a new whitepaper focusing on the emergence of “accumulation-oriented variable annuities,” which cater to consumers interested in asset growth and downside protection. These products include structured and growth-oriented variable annuities.