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Cover Stories

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.

A Death in the Family, Part I

by Kerry Pechter

A Death in the Family, Part I

Wed, Jan 19, 2011

For the very old and their families, preservation of life often competes with preservation of finances. Here's how one California family coped with an elderly mother's death. (The first of two parts.)

Genworth Exits the VA Race

by Kerry Pechter

Genworth Exits the VA Race

Tue, Jan 11, 2011

“They’re editing their lineup,” said Eric Berg, an analyst at Barclays Capital. “They’re getting out of the businesses where they lack meaningful size." (Above, Genworth CEO Mike Fraizer.)

The Decumulation Beat

Gimme Shelter

Gimme Shelter

The autobiography of Rolling Stones guitarist Keith Richards and the report of the Financial Crisis Inquiry Commission have a few things in common.

News

Fidelity to help participants move to income stage

Thu, Feb 03, 2011

Among other things, the Fidelity Income Strategy Evaluator illustrates the trade-offs of a variety of income-generating portfolios, which may include stocks, bonds, cash and/or annuities.

GuidedChoice rolls out its participant income roadmap

Thu, Feb 03, 2011

"GuidedSpending was designed to replace the overly simplistic ‘4% rule’ approach long used by financial planners," said GuidedChoice in a release.

JP Morgan Hedges U.K. Workers’ Longevity Risk

Thu, Feb 03, 2011

If the life expectancy of its pensioners improves at a greater rate than specified in the contract, the Pall UK Pension Fund receives an insurance payout from JP Morgan.

“Impatience” helps explain failure to save, researchers say

Thu, Feb 03, 2011

When it comes to saving for retirement, the ability to delay gratification seems to matter as much or more than the ability to understand investment concepts.