Meet the Newest Platform in the 401(k) Annuity Space
'We’re a product design firm,' ALEXIncome co-founder E. Graham Clark told RIJ. 'We feel we’ve built the best process for integrating annuities into retirement accounts.'
NAIC Urged to Limit ‘Bermuda Triangle’ Strategy
'The ability of insurers to significantly lower the total asset requirement for long-duration blocks of business that rely heavily on asset returns appears to be one of the drivers of the significant increase in reinsurance transactions,” wrote a New Jersey and an Iowa insurance regulator. 'A stunning development,' said one federal official.
Of Athene, Pension Risk Transfers, and Fiduciaries
The ERISA Advisory Council recently heard comments on changing the criteria that fiduciaries use when vetting annuity providers in pension risk transfer deals. Athene's vice chairman defended his company's practices.
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Fidelity & Guaranty Life’s FIA sales doubled in fiscal 2014
Harbinger's CEO and chairman, Philip Falcone (in photo) will resign Dec. 1, to focus on HC2 Holdings and Harbinger Capital Partners. He will depart with a bonus of $20.5 million.
Competitiveness of U.S. public equity markets called ‘weak’
U.S. share of global IPOs by foreign companies sits at 9.0%, continuing the trend of foreign companies avoiding U.S. equity markets. This measure remains far below the average of 26.8% from 1996 to 2007.
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NAIC Urged to Limit ‘Bermuda Triangle’ Strategy
'The ability of insurers to significantly lower the total asset requirement for long-duration blocks of business that rely heavily on asset returns appears to be one of the drivers of the significant increase in reinsurance transactions,” wrote a New Jersey and an Iowa insurance regulator. 'A stunning development,' said one federal official.
Of Athene, Pension Risk Transfers, and Fiduciaries
The ERISA Advisory Council recently heard comments on changing the criteria that fiduciaries use when vetting annuity providers in pension risk transfer deals. Athene's vice chairman defended his company's practices.
Vanguard continues to dominate fund in-flows
Vanguard funds saw inflows of $17.45 billion in October and $165.4 billion for the first ten months of 2014. YTD, Dimensional Fund Advisors was second with $24.4 billion.
Canadians feel as insecure about retirement as we do
LIMRA's new report, 'Ready, Set, Retire? Not So Fast!... Revisited: A Canadian Consumer Retirement Study,' is a follow-up to two previous studies that LIMRA conducted in Canada.
