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Cover Stories

A Guide for the Perplexed Participant

by Kerry Pechter

A Guide for the Perplexed Participant

Wed, Feb 16, 2011

GuidedChoice is the latest 401(k) advice provider to announce a platform that helps participants turn their savings into income—with or without a rollover to an IRA. (Above: CEO Sherrie Grabot.)

The New 'Big O'?

by Kerry Pechter

The New 'Big O'?

Tue, Feb 08, 2011

The revelation of a novel share class of variable annuities--its working title is "O" shares--was perhaps the most interesting piece of news that emerged from the IRI Marketing conference in Washington, D.C., last week.

A New Cylinder for Financial Engines

by Kerry Pechter

A New Cylinder for Financial Engines

Wed, Feb 02, 2011

Income+, a process-driven, product-neutral income program for 401(k) managed account clients, could alter the competitive landscape of the retirement industry.

A Death in the Family, Part II

by Kerry Pechter

A Death in the Family, Part II

Tue, Jan 25, 2011

Forget "death panels." Loving, decisive words from a doctor helped this dying pianist decide to let go of her life. The conclusion of a two-part story.

News

Rule 408(b)(2) delayed until 2012

Wed, Feb 16, 2011

“We now believe plans and plan service providers would benefit from an extension of the rules applicability date,” said assistant Labor Secretary Phyllis Borzi in a statement.

UBS, State Street and BlackRock to manage NEST money

Wed, Feb 16, 2011

Britain’s National Employers Savings Trust Corporation is hiring the three asset managers to handle portions of the new state-sponsored, employer-based defined contribution plan.

A UK white paper compares public pension funds to Ponzi schemes

Wed, Feb 16, 2011

In a new think tank report, a former JP Morgan banker and Towers Watson consultant suggested that unfunded DB pensions in the U.K. should be closed by 2020 and replaced with "nominal DC schemes."

US stock & bond mutual funds receive $34bn in January

Wed, Feb 16, 2011

An estimated $21 billion in net new cash went into US equity funds in January 2011, making it the first month of net inflows to those funds since last April.

Wealth2k offers free LTC presentation to advisors

Wed, Feb 16, 2011

“The movie will make it easier for advisors to broach the issue of planning for the costs of long-term care,” said Wealth2k CEO David Macchia.

The Bucket

Wed, Feb 16, 2011

Late-breaking items from Prudential, Warren Buffett, Aon Hewitt, SPARK Institute, Insured Retirement Institute, Milliman, the Pension Benefit Guaranty Corp., Morningstar, Interactive Data Corp., and John Hancock Annuities.