The academic literature is tremendously supportive of the power of longevity pooling (through the purchase of income annuities) to create better retirement outcomes for retirees. For example, Wade ...

Last week, two different federal courts came to two different conclusions regarding whether the use of allegedly “outdated” mortality tables violates ERISA’s provisions that certain lifetime annuities ...

A participant in a Sprint Communications LLC defined benefit plan sued the company and plan fiduciaries alleging the plan used out-of-date mortality tables and improper interest rates to calculate ...

In another courtroom battle between the Department of Labor and the retirement industry, three big employer groups are supporting Southern Company Services, which has been accused of short-changing ...