Technology – Retirement Income Journal

Prudential Joins the SIMON Platform

By Kerry Pechter Thu, Dec 5, 2019

Prudential's PruSecure fixed indexed annuity is the first annuity product to be offered on the SIMON structured products platform, which had previously specialized in structured notes. Prudential also invested...

Published December 5, 2019

‘SIMON’ Makes Indexed Annuities Simpler

By Kerry Pechter

Originally a platform for distributing structured notes to broker-dealers, SIMON is adding index-linked annuities to its product suite. Prudential is both an investor and, as of today, a product...

Published December 5, 2019

Joint venture eyes distressed annuity books

By Editorial Staff Thu, Oct 10, 2019

A private equity firm and a pair of tech experts from Apollo Global and Aflac have up to $500 million to buy or reinsure risk-laden annuity books from life...

Published October 10, 2019

‘Auto-portability’ gets green light from DOL

By Editorial Staff Thu, Aug 1, 2019

Retirement Clearinghouse, creator of a technology by which small abandoned 401(k) accounts would automatically follow their owners to their next plan, has received the permissions it needed to begin...

Published August 1, 2019

Blueprint Income, a fintech firm, will sell Pacific Life deferred income annuity online

By Editorial Staff Thu, Apr 11, 2019

The deferred income annuity is called 'Next.' The two companies envision Generation X-ers using the Blueprint Income platform to buy a personal retirement pension, one installment payment at a...

Published April 11, 2019

A Chronicle of ‘NARIA,’ Nationwide’s Income-Generating VA for RIAs

By Kerry Pechter Thu, Mar 21, 2019

The 'Nationwide Advisory Retirement Income Annuity' has no commission or surrender schedule and offers RIA clients a choice of 130 investment options. The income rider costs 80 basis points...

Published March 21, 2019

Envestnet Insurance Exchange aims for June 2019 launch

By Editorial Staff Thu, Feb 28, 2019

The Exchange will give advisors access to variable, structured, fixed, and indexed annuities from Allianz Life, Brighthouse Financial, Global Atlantic Financial Group, Jackson National Life Insurance Company, Nationwide, and...

Published February 28, 2019

Inside Seeking Alpha’s Money Machine

By Kerry Pechter Wed, Feb 20, 2019

Content is currency for Seeking Alpha, as long as the editors (and their algorithms) keep making smart decisions about which content readers will be willing to pay for.

Published February 21, 2019

Three advisor technology leaders to collaborate on retirement software

By Editorial Staff Thu, Jan 31, 2019

Former eMoney founder and CEO Edmond Walters will lead Apprise Labs, as the venture is called, with collaboration from Envestnet and PIEtech.

Published January 31, 2019

Jackson and RetireUp partner on annuity illustration tool for advisors

By Editorial Staff Thu, Jan 17, 2019

RetireUp’s algorithms were chosen to power Jackson National’s wizard after RetireUp participated in a Jackson “Hothouse competition,” a “creative problem-solving methodology” that encourages teamwork, innovation and agility.

Published January 17, 2019

Annuities, RIAs and ‘Cargo Cult’ Thinking

By Kerry Pechter

Brighthouse Financial's Shield structured annuity joins products from Allianz Life, Jackson National and Global Atlantic on the Envestnet Insurance Exchange, where annuity issuers hope to engage registered investment advisors....

Published January 17, 2019

BlackRock to acquire almost 5% of Envestnet

By Editorial Staff Thu, Nov 29, 2018

The partnership calls for BlackRock, Inc., to acquire a 4.9% equity stake in Envestnet by purchasing about 2.36 million shares of Envestnet common stock for about $122.8 million.

Published November 29, 2018

‘Auto-Portability’ Gets Closer to Reality

By Kerry Pechter Thu, Nov 15, 2018

After five years of pitching their idea for automatically moving assets from one 401(k) plan to the next when a worker changes jobs, Retirement Clearinghouse this week received the...

Published November 15, 2018

‘Roll-in’ specialist exceeds $4 billion in account consolidations

By Editorial Staff Thu, Nov 1, 2018

Retirement Clearinghouse works with plan sponsors, record-keepers, and participants to complete assisted rollovers, automatic rollovers, and both assisted and automatic roll-ins.

Published November 1, 2018

Brighthouse makes it easier for advisors to sell its annuities

By Editorial Staff Thu, Oct 25, 2018

'This can help firms without a fixed suitability process in place, allowing them to add fixed and income products to their shelves,' said Myles Lambert, chief distribution and marketing...

Published October 25, 2018

Jackson joins Envestnet Insurance Exchange

By Editorial Staff Thu, Oct 11, 2018

Envestnet will be offering a service called Guidance Desk that will allow unlicensed RIAs access to the consulting and fiduciary services that would enable them to use the Insurance...

Published October 11, 2018

iPipeline announces annuity distribution partnership

By Editorial Staff Thu, Sep 13, 2018

Under the alliance, BCS Insurance Agency will offer fixed and indexed annuities through Four Seasons Financial Group using iPipeline's 'SimplyAnnuity' tool.

Published September 13, 2018

Cannex Launches Annuity Comparison Tools

By Kerry Pechter Thu, Dec 7, 2017

Advisors, brokerages, IMOs and insurers will be able to use the Toronto-based data company's new analytics to make apples-to-apples comparisons of variable and fixed indexed annuity contracts and their...

Published December 7, 2017

JourneyGuide: A New Income Planning Tool from Ash Brokerage

By Kerry Pechter Fri, Oct 20, 2017

'We’re targeting a ‘soft launch’ in early November... followed with an official market release about a month later,” said Derek Trimble, CEO of JourneyGuide, a spin-off from Fort Wayne,...

Published October 19, 2017

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