eMoney Advisor adds integration partners
The Fidelity-owned advisory software firm announced new integrations with Charles Schwab, Envestnet and Box.
Are 401(k) providers ‘applying’ to top universities?
There has been a decline of 403(b) plans offered by higher education institutions and an upswing in the popularity of 401(k) plans, according to a survey by Transamerica, which...
A third of lower-income participants don’t ‘strike their match’
Only 67% of those earning $35,000 to $45,000 a year contributed enough to their 401(k) plans to get their employer's entire match, while 90% of those earning $75,000 or...
New crediting strategy for Allianz Life indexed VA
When the annual change in the index value is zero or positive, the client will receive the entire annual credit of the 'Precision Rate,' Allianz Life said.
Betterment to offer direct online charitable giving
Clients decide how much to donate and Betterment will fund the gift with the most appreciated shares in their portfolio, according to a Betterment release.
It’s official: Jackson National VA will feature Vanguard fund options
On September 25, 10 new Vanguard funds became available as investment options across Jackson’s product offerings. The launch was first by RIJ in the October 12, 2017 issue.
‘Auto-portability’ undergoes its first test
Retirement Clearinghouse, which hopes to launch auto-portability as a business, claims that it will help staunch the “leakage” of savings from 401(k) plans. RCH piloted the technology at a...
AIG indexed annuities to offer PIMCO custom index
'The Index aims for a high equity allocation in up markets and has the ability to allocate up to 100% equities. In down markets, allocations can be quickly shifted...
Jackson issues new IOVA for private wealth and trust market
'Many of these entities haven’t traditionally utilized annuities in their practices,' said Justin Fitzpatrick, head of Private Wealth & Trust at Jackson National Life Distributors LLC. 'We’re hoping to...
Honorable Mention
Nationwide enters the exchange-traded funds arena, The Principal sells a group annuity to NCR in a pension risk transfer deal, Fidelity reports record 401(k) balances.
Trump expected to name Powell as Fed chair today
Powell, an attorney, joined the central bank's board of governors in 2012 under President Barack Obama and was renominated in 2014.
The 80/20 rule (more or less) applies to Registered Investment Advisors
'Billion-dollar RIAs are becoming formidable competitors for B/Ds,' according to new research from Cerulli Associates.
New Morningstar tool supports “best interest” rollover recommendations
Using the tool, advisors can determine, demonstrate, and document whether a proposal is in the investor's best interest, according to Morningstar.
NAFA partners with message encryption provider
'Our members and their clients should have access to a private and secure channel for sharing documents and sending messages,' said Chip Anderson, executive director of NAFA, in a...
How pricey is your managed account? Check it out
In a new report, 'Beneath the Surface: What Americans are Paying in Advisory Fees,' the robo-advisor Personal Capital does its best to embarrass the wirehouses and big brokerages.
Ruark tracks variable annuity living benefit utilization habits
For life insurers, the long-range profitability of variable annuity living benefit riders depends on policyholder behavior around surrenders, withdrawals and annuitization. Ruark Consulting tracks that behavior and reports on...
U.S. life expectancy declines slightly: SoA
Using the MP-2017 improvement scale could reduce a pension plan's obligations by 0.7% to 1.0%, based on a 4% discount rate, the Society of Actuaries' latest estimates suggest.
