Nearly half (49%) of 401(k) plan sponsors are offering features to automatically increase participants’ contributions as they seek to improve their employees’ preparation for retirement, a new Deloitte study finds.

Liberty Life Insurance Co., which has a significant presence in Wilmington, Del., changed its name to Athene Annuity & Life Assurance Co., effective Feb. 1.

A Cleveland, Ohio-based business services provider bought the employee benefits and retirement section from Advantage Benefit Planning (ABP), based in Pleasantville, N.J.

Annuity sales are being influence by increasing emotion and a desire by buyers to secure their retirement, not accumulate wealth, a new report finds.

American millennials believe their retirement depends solely on personal savings and investment, but are unsure how they will finance and save for their retirement, a new study says.

Federal officials have issued final regulations establishing how investment advisors providing 401(k) participants with advice without violating transaction rules.

The cost-of-living adjustment (COLA) will increase 3.6% for Social Security beneficiaries in 2012, affecting more than 60 million consumers, although an insurance trade group says most will not see the full COLA.

The U.S. Department of Labor’s Employee Benefits Security Administration will redo its rule on the definition of a “fiduciary” after its prior description drew criticism and concern from Congress and financial advisors.

More than one-third of all retirees receive income from an annuity in retirement, according to a new LIMRA study.

Congress should consider several steps, including increasing retirement age, to ensure Social Security’s solvency in the future, an actuary representing an actuarial association told Capitol Hill.