News Archives - Page 2 of 6 - Retirement Income Journal

Published February 22, 2018

Western & Southern offers pension risk transfer (PRT) services through its institutional markets business unit, which it established in September 2017.

A.M. Best gives life/annuity industry a “negative outlook”

By Editorial Staff Thu, Feb 15, 2018

The industry 'remains plagued by macroeconomic and regulatory factors' as well as 'lackluster sales, rapidly evolving technological requirements and changing consumer preferences and behavior,' the ratings agency said in...

Interest outpaces adoption of digital advice: Cerulli

Investors ages 30-39 and older investors with $2 to $5 million to invest showed the greatest enthusiasm for pure digital offerings, the research firm said.

ETF traders dumped U.S. equities but not global: TrimTabs

“Contrarians should consider favoring U.S. equities over non-U.S. equities now,' the alert from the Los Angeles-based investment research firm said.

Honorable Mention

Securities America adds two new advisor groups; Transamerica Center for Retirement Research promotes Saver's Credit; new book from Wolters Kluwer explains new tax law; Great Western fee-based FIA joins...

England’s first hybrid retirement plan gets a tentative start

By Editorial Staff Tue, Feb 6, 2018

Under a recent agreement, the Royal Mail will contribute 13.6% of members’ pensionable pay to a new type of DB/DC hybrid plan and union members will contribute 6%. Government...

Managed accounts are a proxy for income options in DC plans: Cerulli

'While the DC industry continues to wonder how best to structure in-plan retirement income solutions..., managed accounts are quietly making progress as a less controversial option for plan sponsors...

ADP and Financial Engines in financial advice deal

The Financial Engines advisory service offering, on the ADP platform, will launch in the summer of 2018. The deal expands FE's reach to thousands of small and mid-sized firms...

Honorable Mention

Lori Lucas is named CEO of Employee Benefit Research Institute, Prudential inks $1.8 billion pension risk transfer deal, DPL to bring no-load annuities to RIAs, Nuveen bolsters DCIO sales...

‘Missing’ group annuitants give MetLife a share shock

By Editorial Staff Thu, Feb 1, 2018

“It's not just embarrassing, it could cost MetLife future business,” wrote Canadian pension blogger Leo Kolivakis, who follows global pension issues and insurance companies. A.M. Best affirmed MetLife's A+...

Prudential plays the ‘index card’

The PruSecure fixed indexed annuity offers one-, three-, and five-year index term options. Initial cap rates provide “up to a 32% return” based on the chosen index, credit term,...

High demand for bond mutual funds is ‘concerning’: TrimTabs

The inflow of $38.2 billion into bond mutual funds (MFs) and ETFs this month through Thursday, January 25 is on track to be the highest since October 2009, driven...

Outsourcing will persist in management of insurer general account assets: Cerulli

The 'pause that refreshes,' said the old Coca-Cola tagline. That's also how Cerulli characterizes the recent slowdown in the practice of assigning management of insurance carrier general account assets...

ISO seeks to support opportunities of aging

Dementia, preventative care, ageing workforces, technologies and accessibility are just some of the areas of standardization that the committee proposes to work on, said ISO/TC 314 Secretary Nele Zgavc...

What’s in the latest issue of Journal of Retirement?

By Editorial Staff Thu, Jan 25, 2018

The Winter 2018 issue features a mix of articles by familiar authors, including Mark Warshawsky, David Blanchette, John Turner, Michael Kitces, and others.

2017 was another big year for Vanguard funds: Cerulli

Vanguard’s total flows for year were over $207 billion (DFA was second with $31 billion).

Blooom surpasses $2 billion in advised assets

The company, which helps 401(k) participants manage their accounts more effectively, claims that its median client will save $41,456 in investment fees over his or her working career.

Book on mandatory ‘Guaranteed Retirement Accounts’ is reissued

The book is 'Rescuing Retirement,' by economist Teresa Ghilarducci of the New School and Hamilton James of BlackRock. Rush Limbaugh once called Ghilarducci 'the most dangerous woman in America'...