Research Roundup

Enjoy these summaries of six recent research papers that illuminate issues in retirement today. We include work by leading retirement researchers at Harvard Law School, schools of business at Stanford and Duke Universities, and other major academic institutions.

Bermuda Short-Sellers

Short-sellers, including hedge funds, sense that the bespoke loans that asset managers have sold to life insurers could fail in the next financial crisis. They may not know it, but the shorts are responding in part to the growth of what RIJ calls the 'Bermuda Triangle' strategy.

CITs: Private Credit’s Pathway into 401(k) Plans

'Everybody—all the asset managers—are trying to pick CIT dance partners so that they can have product in 401(k) plans,' said Chris Randall at SEI Trust Company. CITs—less regulated, cheaper, and more easily-customized than mutual funds—now house 42% of 401(k) investments.
Featured

Fall Issue of The Journal of Retirement Appears

Here's a list of the eight articles in the current issue, along with abstracts of their content. The featured authors include Moshe Milevsky of York University and CANNEX, David Blanchett of Morningstar, and Steve Feinschreiber of Fidelity.

RetirePreneur: Steven Saltzman

Steven Saltzman is the founder of Saltzman Associates, a consultancy that works with marketers, institutional distributors and insurance underwriters.
News

LIMRA links undersaving by Boomers to spending on family cellphone plans

“Parents of Millennials, even those over the age of 22, are providing considerable support to their children at a time in their lives when saving from retirement should be a priority,” said Deb Dupont, associate managing director, LIMRA Secure Retirement Institute.