‘An Economist Walks Into a Brothel’

The legalized version of the world's oldest profession offers a test-case of risk and reward in Allison Schrager's new book, subtitled, 'And Other Unexpected Places to Understand Risk.' Our guest columnist, a former editor of the Journal of Retirement, offers a review.
Anecdotal Evidence

RIJ’s 500th Issue

Ten years ago, the “retirement income industry,” a narrow but deep niche of individuals and organizations that included much more than the annuity industry, evidently needed a news outlet of its own.

Allianz Life enhances popular FIA contracts

New benefits for people with disabilities, a two-year crediting option, and a new lock-in feature have been added to the best-selling Allianz 222, the Minneapolis-based insurer announced.

Sales of Bonds and Fixed Annuities Soar

'The uptick in fixed annuity sales was bolstered by recent volatile equity markets, which had investors seeking solutions with guarantees,' said Todd Giesing, annuity research director, LIMRA SRI.
From the Hill

Flash: House passes major retirement bill

The Secure Act (H.R. 1994), which provides for "open multiple employer plans" and reduced liability for employers who want to offer add annuities to their retirement plans, passed by a lop-sided vote of 417 to 3 this morning.

COVER STORIES YOU MAY HAVE MISSED

May 16, 2019

Three Annuity Cures for Sequence Risk

New York Life and Fidelity have introduced a variable annuity with principal-protection over 10 years. Similar protection could be obtained with an indexed annuity or with a combination of a fixed rate annuity and...
May 10, 2019

How Debt Affects Retirement

“Remaking Retirement? Debt in an Aging Economy," was the theme of the 65th annual symposium of the Wharton School's Pension Research Council, held last week in Philadelphia. (Photo: Kitchen and retirement makeovers sometimes occur...
May 2, 2019

It’s No Joke: The Fed’s Comic Book is Wrong

The educational comic book from the New York Fed means well but perpetuates the myth that money was created in the private sector to facilitate barter and enabled commerce to flourish. History shows otherwise....