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Company/Trade Group News

9 in 10 VAs Sold With Living Benefits

Tue, Sep 14, 2010

For the third consecutive quarter, GLBs were elected 87% of the time when any GLB is available for purchase. The guaranteed lifetime withdrawal benefit (GLWB) election rate remained at 64%.

Vanguard Launches New Index ETFs

by Editorial Staff

Tue, Sep 14, 2010

With the expansion, Vanguard offers 55 ETFs, including eight new equity funds as well as ETFs targeting the growth and value segments of the S&P 500 Index and multiple segments of the S&P MidCap 400 and SmallCap 600 Indexes.

Financial Engines' Secret Income Plan

Financial Engines' Secret Income Plan

by Kerry Pechter

Tue, Aug 24, 2010

Financial Engines CEO Jeff Maggioncalda expects his firm to roll out an in-plan income option to DC participants in late 2010 or early 2011. He won't reveal details, but there are clues to his intentions. Photo by Robyn Basso.