By providing timely and relevant content authored by leading industry experts, such as research, white papers, regulatory updates and other educational information, the IRIC is demonstrating its commitment to building awareness about the value of retirement income solutions.
DConversations:
Income Solutions in Defined Contribution Plans
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Critical Questions Income Solutions:
Income Solutions in Defined Contribution Plans
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How Much Retirement Income Can your Savings Generate
Author – Steve Vernon
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Recording of Webinar 3 – WHICH ONES? An In-depth Review of Available Solutions on the Market Today
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Recording of Webinar 2 – HOW? Introduction to Step by Step Tools on the Decision Making Process
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Recording of Webinar 1 – WHY? Retirement Income from a Plan Design and Settlor Function Perspective
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IRIC’s segmentation committee reviewed the sponsor, recordkeeper and advisor segments of the DC market and found common attributes within each segment. By understanding the common attributes, constituents can efficiently identify those sponsors, advisors and / or recordkeepers that can successfully deliver institutional retirement income solutions
Advisor Segmentation
RK Segmentation
RI Segmentation Sponsors
Lessons learned from United Technologies’ Lifetime Income Strategy Initiative
January 2018, Money Management Report
An interview with Kevin Hanney – Senior Director, Pension Investments at United Technologies Corporation (UTC)
October 2017, United Technologies Corporation and Institutional Retirement Income Council
Industry Research: Articles that summarize research findings but do not include information about specific products.
What is a Non-Guaranteed Retirement Income Payout?
March, 2024
Non Insured March 2024What is a Non-Guaranteed Retirement Income Payout March 2024
DC Solutions | Retirement Income Beliefs, A Roadmap to Optimal Solutions
November, 2021
Retirement Plans: Guaranteed Income Means Better Outcomes
What it takes to make it part of you plan
November, 2021
Addressing the Retirement Income Puzzle
June, 2021
Annuity Foundations for Fiduciaries
June, 2021
CANNEX Funding Your Personal Pension
November 2020
Overcoming Annuity Bias
December 2020
Next Generation Target Date Strategies
December 2020
Guaranteed Lifetime Income in Retirement with Annuities
December 2020
Redefining the Goal of Retirement Planning – Essay Collection by Steve Vernon and Others
October 2020
From Savings to Income: The Next Evolution of Defined Contribution Plans
January 2020, Prudential
Georgetown Report on Retirement Income Solutions
While auto enroll, auto invest and auto escalate are innovations that are having a positive impact on savings and investing during the accumulation years, there has been less innovation in the tools and solutions to help participants once they reach retirement. However, demand is growing for DC plans to evolve from accumulating retirement savings to generating retirement. Willis Towers Watson along with the Center for Retirement Initiatives (CRI) look at the demand for income, the various solutions available on the market, why it is critical to offer income solutions within our DC system and how we can use behavioral finance to nudge folks to a more secure retirement.
June 2019, Willis Towers Watson
Managing Retirement Benefits Amid Capital Market Disruption
August 2009
This white paper discusses the challenges retirement plan providers face, and the increasingly active and critical role finance executives play in addressing those challenges. The paper examines the steps being taken to consider introducing new products that protect plan participants by providing guaranteed income during retirement…
Annuities Unveiled: A Guide to the Different Types of Annuities
Provided by Morningstar
Guaranteed Income Investment Options in DC Plans
Provided by LIMRA
Participant Attitudes Toward Guaranteed Income In a Defined-Contribution Plan
Alliance for Lifetime Income
Building Retirement Income Into Your Existing DC Plan Offering
Presented by Russell Investment
Lifetime Income to Support Longer Life
Principal Financial Group