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Micro-Pensions in Central America

by Kerry Pechter

Micro-Pensions in Central America

Tue, Aug 23, 2011

You've heard of micro-credit: those mini-loans to female entrepreneurs in emerging markets. Now a micro-pension movement is underway, and one of the first pilot projects starts next month in Guatemala, Honduras and Nicaragua. Part I of a two-part article.

A Reference Work Built for You

by Kerry Pechter

A Reference Work Built for You

Fri, Aug 12, 2011

The Society of Actuaries' recent book (available here in pdf form) puts the reader at the center of a web of hundreds of articles, research studies, other resources relevant to the risks and opportunities of Boomer retirement.

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.

Columns : Guest Column

The Great Contraction

The Great Contraction

by Kenneth Rogoff

'The global economy is badly overleveraged, and there is no quick escape without a scheme to transfer wealth from creditors to debtors, either through defaults, financial repression, or inflation,' writes Harvard economist Kenneth Rogoff.

The Decumulation Beat

Does Decumulation Spell Doom?

Does Decumulation Spell Doom?

Economists at the San Francisco Fed suggest that P/E ratios are bound to suffer as the Boomer cohort gets older and liquidates its assets.

News

MetLife Tops VA Sales in 2Q

MetLife Tops VA Sales in 2Q

Tue, Aug 23, 2011

Variable annuity sales improved for the fifth consecutive quarter in the second quarter of 2011, while fixed annuity sales were one percent less than in the year-ago quarter, according to a report from LIMRA.

NAIC ponders regs on separate accounts

Wed, Aug 24, 2011

What, if any, variable product guarantees would be covered by a guaranty association, the regulators want to know.

Financial illiteracy costs Americans tens of billions

Financial illiteracy costs Americans tens of billions

Wed, Aug 24, 2011

If they were more financially sophisticated, Americans could be paying much less in mortgage interest and mutual fund fees, says financial literacy scholar Anna Lusardi.

It pays not to panic, Fidelity survey shows

Wed, Aug 24, 2011

Plan participants who dropped to zero equities but then returned to some equities after the 2008 crisis saw an average account balance increase of 25% by June 30, 2011, compared to 50% for those who stuck with their equities.

The Bucket

The Bucket

Tue, Aug 23, 2011

Brief and late-breaking items from T. Rowe Price, Securian, Zurich, The Hartford, New York Life and MetLife.