Editorial Staff, Author at Retirement Income Journal

Published July 26, 2018

'The unique feature is the Freedom Date,' said Bill Lowe, CEO of Sammons Retirement Solutions. 'If you buy this at age 60, at age 80 you have 100% access...

RIAs should beware the stress of success: Cerulli

By Editorial Staff Thu, Jul 19, 2018

'As firms surpass $1 billion in assets, they reach a new phase in their business lifecycle,' said Kenton Shirk, a director at Cerulli, in a release.

RIJ and others urge Senators to take action on retirement

A non-partisan group of eleven academics, researchers and journalists, including RIJ's Kerry Pechter, promised to help Sen. Cory Booker and Sen. Todd Young convene a Retirement Security Commission.

Inside the Beltway, pro-retirement proposals pile up

To incentivize small employers to offer retirement savings plans to employees, Senators Susan Collins (R-ME) and Mark Warner (D-VA) have introduced the SIMPLE Plan Modernization Act (S.3197), which is...

Honorable Mention

Vanguard publishes 'How America Saves'; Milliman reports on rising pension funded ratios; Lincoln Financial adds financial wellness offering.

Published July 12, 2018

Honorable Mention

By Editorial Staff Thu, Jul 12, 2018

Schwab adds 11 new ETFs to its OneSource platform, LIMRA says Asians spend 11 fewer years saving for retirement than Americans, Hueler introduces stable value fund evaluation tool, Prudential...

Fidelity extends ESG lineup

By Editorial Staff Thu, Jul 5, 2018

Fidelity also became a signatory of the United Nations-supported Principles for Responsible Investment (PRI) and created an ESG Office in its Asset Management division.

Asset managers tweak their value proposition: Cerulli

'Asset managers are dropping fees on asset management products to near zero, instead choosing to charge for asset allocation,' says Cerulli analyst Bing Waldert.

Ascensus to buy INTAC, a third-party administrator

Ascensus, based in Dresher, PA, supports more than 60,000 retirement plans, more than four million 529 education savings accounts, and a growing number of ABLE savings accounts.

Misperception in UK: Auto-enrollment means adequacy

Employer contributions are viewed as the key to retirement savings adequacy in Europe; auto-enrolling participants by itself won't get them there, IPE.com reports.

Over half of today’s retirees have pensions

By Editorial Staff Thu, Jun 28, 2018

In May, the Federal Reserve published a Report on Economic Well-Being of U.S. Households in 2017. We offer a summary and a link to the document.

Honorable Mention

Late-breaking items from OneAmerica, Principal Financial, Northwestern Mutual, Lincoln Financial, and Orion Advisor Services.

Americans have $100 trillion in wealth and $15.7 trillion in debt

Credit card balances represented about 6.6% of disposable income in the first quarter, down from almost 9% a decade ago.

Global Atlantic annuities to be available on Envestment platform

Global Atlantic’s fixed-rate and fixed index annuities will be available to Envestnet users at banks, broker-dealers, independent insurance agencies and RIAs.

Merrill Lynch may bring back commissions on sales to IRA clients

By Editorial Staff Thu, Jun 21, 2018

The firm has launched a 60-day review of its individual retirement account policies and will consider keeping, relaxing or rolling them back, a source told Reuters.

Outflows from global equity funds continues: TrimTabs

Despite the harsh rhetoric about China from President Trump, China-focused equity funds are on track for their sixteenth consecutive monthly inflow.

The Journal of Retirement’s spring issue

The issue contains articles by retirement gurus David Blanchett, Alicia Munnell, and John Turner, plus a review by Sandy Mackenzie of Jack Bogle's latest book.

Honorable Mention

Brief or late-breaking items from Nationwide, the Center for Retirement Research at Boston College, Prudential Financial, Charles Schwab and Milliman.