Editor Test, Author at Retirement Income Journal

Obama Calls for ‘Office of National Insurance’

By Editor Test Tue, Jun 23, 2009

While the administration's June 18 report, "Financial Regulatory Reform," did not offer the “optional federal charter” that large insurance companies support as an alternative to state-by-state regulation, it did...

Published June 23, 2009

Roger W. Crandall to Succeed Stuart H. Reese as MassMutual CEO

By Editor Test

Roger W. Crandall will succeed Stuart H. Reese as CEO of MassMutual, effective Jan. 1, 2010.

Published June 23, 2009

CPAs Tell All About Their HNW Clients

By Editor Test

A survey of top CPAs reveals that the wealthy are watching their pennies because of the recession. The survey also reveals the financial advice that accountants are giving their...

Published June 23, 2009

Target Date Funds: A QDIA That’s DOA?

By Editor Test Mon, Jun 22, 2009

Last week, federal officials tried to locate the blame for 2008 TDF losses: Was it marketing hype by TDF makers, a flawed concept, Americans' weak financial literacy, regulatory lapses,...

Published June 23, 2009

Technology Aims To Detect Style Drift in Target-Date Funds

By Editor Test

UAT, Inc., a Denver-based technology firm, created a fund monitoring system that can help retirement plan sponsors find out if the sub-advisors of target-date funds in their plans are...

Published June 23, 2009

For Many, Bear Market May Delay Retirement

By Editor Test

The decline in the value of their 401(k) accounts was cited by 76% of workers aged 50 to 64 as the most important reason they plan to postpone retirement.

Published June 23, 2009

Top 15-year Fixed Annuity Rate Falls Slightly

By Editor Test Mon, Jun 15, 2009

Beacon Research has released the names of the top-yielding certificate-type fixed annuities, as of June 15, 2009. The effective yield of Protective Life's 15-year ProSaver Platinum fell to 5.25%...

Published June 16, 2009

Selling to Seniors Is Different, New Study Shows

By Editor Test

If given enough time to deliberate, seniors are no more risk-averse or conservative than young adults, according to research by Advantage Compendium's Jack Marrion.

Published June 16, 2009

In Helping Clients Plan for Retirement, Advisors Focus on Process, Not Product

By Editor Test

For top advisors, retirement income planning involves a step by step process; it's not about picking the right annuity or right mutual fund, says consultant Howard Schneider.

Published June 16, 2009

New Treasury Official Outlines Plans for Retirement Overhaul

By Editor Test

J. Mark Iwry spoke to a National Press Foundation group about the Automatic IRA, the Saver's Credit and the R-Bond, which he hopes will work in unison to bring...

Published June 16, 2009

Cost-Cutting by Broker-Dealers and RIAs Creates Opportunities for FundQuest

By Editor Test

Difficult economic conditions have spurred broker-dealers to outsource some of the functions that they once provided internally, said David Robinson, managing director of national accounts at FundQuest.

Published June 16, 2009

Quincy Krosby Joins Prudential Annuities as Chief Market Strategist

By Editor Test

Quincy Krosby, a former Assistant Secretary of Commerce and U.S. representative to the International Monetary Fund, has joined Prudential Annuities in the newly created position of chief market strategist.

Published June 16, 2009

The Longevity Opportunity

By Editor Test

Is calling longevity a "risk" the best way to connect with our clients and prospects on this critical and often sensitive issue?, asks the chief operating officer of the...

Published June 16, 2009

Milliman Study Recommends Ways to De-Risk VA Living Benefits

By Editor Test Wed, Jun 10, 2009

A new report from Milliman recommends ways that variable annuity issuers can simplify their living benefits to minimize a potential increase in reserves when "VACARVM" kicks in later this...

Published June 10, 2009

Hancock Offers Lifetime Income with a Cheap, Simple A-Share VA

By Editor Test

John Hancock has launched a low-cost A-share variable annuity with a simplified lifetime income guarantee. The company hopes it will appeal to a broad swath of worried, retirement-bound Baby...

Published June 10, 2009

Hope for a Comfortable Retirement Has Sunk to a 16-Year Low

By Editor Test Tue, Jun 9, 2009

Even among workers with $100,000 or more in savings and investments, only 26% were very confident about retirement in 2009, down from 35% in 2008.

Published June 10, 2009

NAVA Steps Up Its Lobbying Game

By Editor Test

NAVA has moved from the Virginia suburbs to downtown Washington, the better to lobby Congress on behalf of annuity manufacturers and distributors. But the Association for Insured Retirement Solutions,...

Published June 10, 2009

Deloitte Maps the Future of Financial Services

By Editor Test Mon, Jun 8, 2009

Deloitte has a new patent pending product, Life Options, that would allow consumers to purchase insurance against capital market downturns and longevity risk.

Published June 10, 2009