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Cover Stories

At SPARK conference, a Plug for In-Plan Annuities

by Kerry Pechter

At SPARK conference, a Plug for In-Plan Annuities

Wed, Jun 15, 2011

In touting his firm's LifePath TDF-based deferred income option, Chip Castille of BlackRock emphasized that insurers should position in-plan annuities as retirement income enhancers rather than longevity risk mitigators. (I.e., appeal to greed, not fear.)

At Your Service: Courting the Affluent Tennis Fan

by Kerry Pechter

At Your Service: Courting the Affluent Tennis Fan

Tue, Jun 07, 2011

Prudential Financial, Raymond James, ING, Fidelity Investments and E*Trade all advertised during the French Open final between Rafael Nadal (above) and Roger Federer on NBC TV last Sunday--all vying for the "elite demographic" that follows tennis.

Who’s Afraid of the Big Bad Debt?

by Kerry Pechter

Who’s Afraid of the Big Bad Debt?

Tue, May 31, 2011

Not Warren Mosler, bond trader, racecar dabbler, Senatorial candidate and recent author of “The Seven Deadly Innocent Frauds.”

How to End 'Annuicide'

by Kerry Pechter

How to End 'Annuicide'

Tue, May 24, 2011

Compensation-wise, income annuities can backfire for many advisors. An industry committee wants to solve the problem, but it’s not easy.

Columns : Guest Column

DC Plans and Deficit Reduction

DC Plans and Deficit Reduction

by David Wray

"A big bulls-eye has been painted on the employer-sponsored defined contribution system," writes the president of the Profit Sharing Council of America.

News

Fund flows decline again in May; ETFs see outflow: Morningstar

Thu, Jun 16, 2011

U.S. stock funds recorded their first significant outflows of the year, as the asset class lost $4.5 billion in May.

New York Life’s new annuity ad campaign targets wirehouse advisors

Thu, Jun 16, 2011

“The campaign is meant to reinforce the thinking validated by academics, that income annuities are a valuable asset class for retirement portfolios," said Steve Fisher, chief marketing officer for Retirement Income Security at New York Life.

Wolters Kluwer weighs in on Supreme Court’s Janus decision

Thu, Jun 16, 2011

In its 5-4 decision on Janus Capital Group, Inc. v. First Derivatives Traders, a lawsuit first filed in 2003, the high court held that liability for allegedly misleading statements in Janus' mutual fund prospectuses did not extend to the funds' investment advisers.

The Bucket

The Bucket

Thu, Jun 16, 2011

Brief and late-breaking items from Vanguard, the MetLife Mature Marketing Institute, Lincoln Financial Group and eRollover.