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Secure Retirement Institute: COVID-19-Related Job Loss or Income Reductions Drive Americans to Tap Their Retirement Savings

A new study by Secure Retirement Institute (SRI) finds American workers who lost their jobs or experienced a drop in income due to the COVID-19 pandemic were at least twice as likely to take money from their qualified retirement savings accounts as those who weren’t impacted.

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What Are Executives’ Top Concerns?

In our latest LIMRA Unplugged episode Alison Salka, senior vice president and head of LIMRA Research, and Tim Calvert, managing director and partner and global leader of Boston Consulting Group’s Life Insurance practice, discuss the findings of the latest LIMRA-BCG global survey of C-suite life insurance executives.

What’s Next for the Pension Risk Transfer Market?

In our latest LIMRA Unplugged episode Alison Salka, LIMRA research director, and Scott Gaul, head of Investment and Pension Solutions for Prudential Retirement, discuss current trends in the pension risk transfer market, the challenges plan sponsors face and some of the misconceptions about the time and costs needed to purchase a pension risk transfer solution.

Challenges of Providing Benefits for Gig Workers

Nontraditional workers are becoming increasingly more common with 16% or the U.S. workforce doing only gig work and another 10% doing gig work in addition to a traditional job. This translates to more than 25% of the workforce doing some kind of gig work.

Why Is Financial Literacy So Important?

LIMRA Research Director Alison Salka, Ph.D. and Jamie Ohl, executive vice president and president of Retirement Plan Services for Lincoln Financial Group, discuss the consequences of consumers' lack of knowledge around financial products and services and how the Secure Retirement Institute is working to improve financial literacy.

Understanding Worker Personality Types

In this episode of LIMRA Unplugged Lite, Deb Dupont, associate managing director, Worksite Retirement, discusses individual characteristics of each worker segment and how employers can better design their benefits programs to support and engage them.

2019 Life Insurance Awareness Month

In this episode of LIMRA Unplugged Lite, LIMRA reached out to executives at our member companies to get their perspectives on the importance of life insurance.

2019 Insurance Barometer Study - Hot Topics

According to the 2019 Insurance Barometer Study, nearly half – 47 percent – of American consumers find simplified underwriting more appealing than traditional underwriting. Learn more about this year's hot topics.

What Is Trustworthy Selling?

In this episode of LIMRA Unplugged Lite, Delores Freitag assistant vice president of product innovation & development at LIMRA talks about Trustworthy Selling.

2018 Annuity Recap and Future Forecast

LIMRA Secure Retirement Institute data shows that fixed annuities were the main driver of growth in 2018.

Understanding Blockchain

In this episode of LIMRA Unplugged Lite, LIMRA, LOMA, and LL Global Inc. Chief Information Officer Kartik Sakthivel discusses the potential impact of blockchain for financial services companies.

An In-Depth Look at the Retirement Income Market

The retirement market is changing and growing. People are preparing differently, and sometimes retiring sooner than they planned. What are the implications to their financial security?

The Inside Scoop on Workplace Benefits

LIMRA’s research shows only 81 percent of employers currently offer benefits to their employees, down from 88 percent in 2003.

Life Insurance Awareness Month

In this episode of LIMRA Unplugged, LIMRA Research Director Alison Salka reached out to some of our member companies to get their viewpoints on the importance of life insurance in recognition of September being Life Insurance Awareness Month.

Touching Base With Technology

LIMRA research shows 80 percent of U.S. life insurers have implemented or are piloting a big data initiative. When entering the digital space there is a lot to consider like digital strategy, data analytics, and cyber security.

The Impact of Simplified Underwriting on Life Insurance

Fifty-two percent of potential life insurance buyers said they would be more likely to purchase life insurance if they didn’t have to go through a physical exam, according to the 2018 Insurance Barometer Study by LIMRA and Life Happens.

Media Contacts

Catherine Theroux

Director, Public Relations

Work Phone: (860) 285-7787

Mobile Phone: (703) 447-3257

ctheroux@limra.com

Brooke Lacey

Public Relations Specialist

Work Phone: (860) 298-3920

Mobile Phone: (413) 530-6184

blacey@limra.com