News Archives - Page 6 of 6 - Retirement Income Journal

Published October 5, 2017

Brief or late-breaking items from One America, Voya, BlueRock, the National Reverse Mortgage Lenders Association, New York Life, Prudential, MassMutual, Ubiquity Retirement + Savings, and HealthEquity.

To increase sales of active funds, bundle them with passive: Cerulli

By Editorial Staff Thu, Sep 28, 2017

'Asset managers must be able to shift and reshape as the industry does. As advisors' needs are changing, so must the product lines,' said Brendan Powers, senior analyst at...

As risk premium shrinks, so does investors’ risk appetite

Investors pulled $23.0 billion out of actively-managed U.S. equity funds, compared with $19.6 billion in July, according to Morningstar’s latest monthly asset flow report.

How wholesalers should adapt to disruption: DST

A new report from DST, "Prevailing in a Changing Distribution Landscape," describes how investment product wholesalers can respond to changes in the advisory and brokerage world.

Economic conditions lift interest in retirement plans: Nationwide

Competition for the best workers and confidence in the economy are causing more business owners to start offering retirement plans or enhance the ones they have, according to a...

How to attract IRA asset transfers: LIMRA SRI

By Editorial Staff Thu, Sep 21, 2017

People ages 45 and older were significantly less likely than people ages 40 to 44 (29% vs. 11%) to move their IRAs recently, according to research by the LIMRA...

MassMutual aims to compete harder for defined benefit business

PensionSmart Analysis, as MassMutual calls its newest tool, is available to DB plan sponsors through financial advisors and consultants who serve the pension recordkeeping, investments and actuarial marketplaces.

A few big IBD deals, lots of smaller RIA deals: Fidelity

The ten largest independent broker-dealers manage 65% of all b/d assets and 48% of all b/d advisors, according to a new report from Fidelity Clearing & Custody Solutions, a...

Honorable Mention

Brief or late-breaking items from Nuveen, Ubiquity Retirement + Savings, and Conning.

Trend toward centralized investment advice will continue: Cerulli

By Editorial Staff Thu, Sep 14, 2017

Advisors at wirehouses and national broker-dealers will be do less investment management and focus more on client relationship-building and financial planning, explains Tom O'Shea, associate director at Cerulli.

Goodbye HelloWallet. Hello, United Income

Matt Fellowes, who sold HelloWallet to Morningstar for $52.5 million, is introducing United Income, a digital advisor that promises even to help clients sign up for Social Security and...

Fixed annuities outsell variable in second quarter: IRI

'While total variable annuity sales rose slightly,' said John McCarthy, Senior Product Manager at Morningstar, “the largest increases were in non-qualified sales. We are also seeing growth in newer...

A heads-up from Wagner Law on the fiduciary rule

In a new posting, ERISA expert Marcia Wagner helps financial advisers and financial institutions answer the question, 'What do I do during the Transition Period?'

Honorable Mention

Consumer research from Jackson National and Insured Retirement Institute, Bitcoins for your IRA, Aite's growth projections for robo-advisors, AXA hires gerontologist Sandra Timmerman and MassMutual finds that Venusians worry...

Today at 4:15 p.m. ET: Hegna and Rostad debate the DOL rule

By Editorial Staff Thu, Sep 7, 2017

Tom Hegna, the retirement guru (anti the rule), and Knut Rostad, president of the Institute for the Fiduciary Standard (pro the rule) will engage in a 'Munk-style' debate, hosted...

Roth accounts mystify most participants: Cerulli

Partial 'Rothification' of the 401(k) system might be on the Republican tax reform agenda this fall. If passed, it could lead to lower contribution levels, analysts at the global...

First-half annuity sales drop to 16-year low: LIMRA SRI

'Qualified VA sales have experienced a more significant decline than non-qualified VAs,' said Todd Giesing, director, Annuity Research, LIMRA Secure Retirement Institute.

Lower expenses and lower taxes put life/annuity industry in the black

Total income dropped 7% to $348.9 billion, as large reinsurance agreements undertaken in 2016 and 2017 drove the results, a spokesman for A.M. Best said.

Two retirement journalists accept new posts

Tamiko Toland, an annuity product analyst, has moved to CANNEX from Strategic Insight. Bob Powell, a retirement writer for USA Today and former MarketWatch columnist, will begin writing a...