De Santo to lead New York Life
Craig De Santo is and will remain president of New York LIfe when he becomes CEO next April. Ted Mathas, CEO for the past 14 years, will serve as...
People in Motion
SEC hires Barbara Roper, aggressive consumer advocate
Roper will focus on issues relating to retail investor protection, including broker-dealer oversight, investment adviser oversight, and examinations, an SEC release said.
Rob Sharps to succeed Bill Stromberg as head of T. Rowe Price
Stromberg served 35 years at T. Rowe Price and became CEO on January 1, 2016. Sharps joined T. Rowe Price as an equity analyst in 1997. As of December 31,...
The Fallen Angels of ‘Nomadland’
Many elderly poor in America have always been poor. But the elderly poor in 'Nomadland' seem relatively new to the game. We compare the people in the film to...
Retirement Income Journal takes a holiday
The next issue of Retirement Income Journal will appear on January 9, 2020, after the Christmas and New Year holidays. Best wishes to all our subscribers and advertisers! You've...
Pfau named director of RICP program at The American College
Wade D. Pfau (pictured) will also serve as co-director, with Steve Parrish, of the New York Life Center for Retirement Income at the college. College president and CEO George...
Talking Annuities with AIG’s Todd Solash
Solash, who leads AIG's Individual Retirement business, spoke with us about the company's approach to the annuity market. The NAIC recently reported AIG's overall Life and Retirement businesses as...
Khalaf succeeds Kandarian as MetLife CEO
Michel A. Khalaf joined MetLife through its acquisition of American Life Insurance Company (Alico) from American International Group (AIG) in 2010. Kandarian managed MetLife through the spinoff of its...
Jackson National hires Michael Falcon as new CEO
In other Jackson-related news, A.M. Best has removed from under review and affirmed the A+ (Superior) strength rating of Jackson National Life Insurance Co.
Sri Reddy joins Principal’s Retirement and Income Solutions group
Reddy was previously the senior vice president and head of Full Service Investments for Prudential Retirement where he was responsible for the investments and retirement income businesses.
High-level hirings at AXA, Jackson, John Hancock and Lincoln
People in motion include Aaron Sarfatti, Scott Romine, Greg Masucci, Tim Munsie, Patrick Murphy and Chris Neczypor.
Two new reports analyze advisor needs and job switching
Advisors are switching firms, Fidelity says, and broker-dealers with more tech and resources are best able to attract them, according to Cerulli.
Tall thin clients buy more equities than short fat clients, study shows
People who got taller faster as teenagers were likely to participate in high school sports and activities correlated with higher teenage self-esteem, generating a long-lasting effect related to how...
Former AARP brand strategist moves to Jackson National Life
Emilio Pardo will be based in Nashville, reporting to Barry Stowe, chairman and chief executive officer of Prudential plc’s North American Business Unit.
Hord and Bradley-Golding join Voya’s large-plan retirement team
Bob Hord previously worked at Wells Fargo and Sally Bradley-Golding previously worked at Financial Engines.
Manager who helped launch three-insurer in-plan annuity rejoins AllianceBernstein
In his first tour at AB, Jeff Eng helped develop and launch Lifetime Income Strategy, the first target-date fund with a guaranteed lifetime withdrawal benefit rider option provided by...
Human asset transfers: Finke to American College, Webb to New School
Michael Finke, the widely published financial planning professor, is moving to The American College and Anthony Webb, an economist specializing in retirement income, is moving to the Schwartz Center...
Bob Pozen Knows Retirement
'My proposal was to link the growth of Social Security benefits of the upper third of earners to CPI growth while letting the benefits of the lower third of...
Putnam hires another senior executive from Fidelity
Sumedh Mehta joins Putnam from Fidelity Investments, where he most recently served as senior vice president, Fidelity Investment Management Technology.
Ken Mungan elected Milliman’s chairman of the board
In making the announcement, Milliman president, CEO, and interim chairman Steve White said, "Ken Mungan is an innovator and entrepreneur and has built a global consulting practice dedicated...
