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Cover Stories

Breakthroughs in Behavioral Finance

by Kerry Pechter

Breakthroughs in Behavioral Finance

Mon, Aug 08, 2011

As an advisor, you can actually put clients in an annuity 'frame of mind.' These and other findings from behavioral finance research were presented at the 2011 Boulder Summer Conference on Consumer Financial Decision-Making last June.

Do VA ‘Roll-Ups’ Have the Desired Effect?

by Kerry Pechter

Do VA ‘Roll-Ups’ Have the Desired Effect?

Tue, Aug 02, 2011

Deferral bonuses, a key feature of many VAs, may not prevent contract owners from taking withdrawals, according to Milliman’s latest survey of issuers of VA guaranteed living benefits. Photo courtesy of Whimsicalwhisk.com.

'Financial Services for the Greater Good'

by David Lindorff

'Financial Services for the Greater Good'

Tue, Jul 26, 2011

Andrew Carnegie, founder of the non-profit Teacher's Insurance & Annuity Association, now TIAA-CREF, could not possibly have foreseen how his group annuity would lead to today's profitable trillion-dollar variable annuity industry.

Dark Horse Candidate

by Kerry Pechter

Dark Horse Candidate

Tue, Jul 19, 2011

How did upstart Jackson National Life get near the top of the VA heap? And why are so many advisors nervous that it may 'de-risk' its popular Perspective contract? JNL EVP Clifford Jack tells RIJ all that he can...

The Decumulation Beat

They Know Not What They Do

They Know Not What They Do

The equity sell-off and rush to Treasuries didn't happen because Congress failed to cut the deficit or the debt aggressively enough. In my humble opinion, it happened for the opposite reason.

News

Dennis Hopper was right, Hearts & Wallets survey finds

Dennis Hopper was right, Hearts & Wallets survey finds

Tue, Aug 09, 2011

“The financial services industry needs to start executing on the reality that many investors don’t plan to retire,” said Laura Varas, Hearts & Wallets principal.

Going with the regulatory flow

Tue, Aug 09, 2011

In announcing new fund offerings for DC plans, Securian and BlackRock noted that they're trying to meet plan sponsor demand for greater fiduciary responsibility and lower investment costs.

Aon Hewitt releases biennial report on DC trends

Wed, Aug 10, 2011

Plan sponsors say they are concerned about fees, but the share of sponsors who calculate all their fees didn’t rise in the past two years. It dropped.

Fed to keep rates very low through mid-2013

Tue, Aug 09, 2011

In an apparent bid to calm equity investors, the Federal Reserve announced that it won't raise its benchmark interest rate until the middle of 2013, at the earliest.

The Bucket

The Bucket

Tue, Aug 09, 2011

Brief or late-breaking items from Security Benefit, Allianz Life, Lincoln Financial, MassMutual and Prudential Retirement.

American General announces FIA income benefit

Wed, Aug 10, 2011

The guaranteed lifetime income rider features an income base that is guaranteed to grow at no less than six percent compounded annually for up 20 years.