The Reverse Mortgage Puzzle
With so many Boomers retiring with low average savings but high average home equity, demand for government-insured reverse mortgages, or HECMs, should be growing. Instead, it's shrinking. Here's why....
In Finland: Saunas are Hot, Retirement is Cool
Finnish people love their saunas and their nation's retirement system, which features a basic tax-funded pension, a compulsory collectively-managed DC plan for private-sector workers, and a government pension for...
Measuring You for an ERISA Suit
There are “people out there” who are “running algorithms to spot good targets for excessive fees lawsuits,” said Jason Roberts, CEO of Pension Resource Institute in Manhattan Beach, Calif.
401(k) Litigation: The ‘Next Asbestos’?
“The vast majority of 401(k) funds are at risk of lawsuits over excessive fees,” said James Holland, director of business development at Millennium Investment and Retirement Advisors, a fiduciary...
App-ward Mobility
Connecting with investors via full-size computer screens is so last-decade. People now live on their smartphones, and the financial industry has little choice but to follow.
Science, Business, or Something In-Between?
In the retirement income field, research ranges from almost “pure” science to borderline business promotion. It's not always easy to identify the boundary between the two.
The Outer Limits of Outsourcing
Advisors can’t do everything themselves. But they need to be careful in choosing what to hand off to a software tool, a vendor or an assistant.
Changing Money
On a recent visit to Shanghai, our contributor found that a dollar doesn't command as much respect on the streets of China as it once did.
‘Financial Services for the Greater Good’
Andrew Carnegie, founder of the non-profit Teacher's Insurance & Annuity Association, now TIAA-CREF, could not possibly have foreseen how his group annuity would lead to today's profitable trillion-dollar variable...
