If retirement were college, most older Americans would flunk out
Only 45% of affluent Americans ages 60 to 75 recognize that a life annuity can protect against life expectancy risk, according to a recent survey by The American College.
Fidelity and Stanford study sources of well-being and stress
64% of people reported feeling less happy and 30% felt worse about their finances during a corporate reorganization, according to the study.
How to decumulate without getting fleeced by the tax man
Investors are often advised to exhaust one retirement account at a time, starting with tax-deferred accounts and moving to tax-exempt accounts. That's not a good strategy, according to decumulation...
Honorable Mention
Brief or late-breaking items from Jackson National, Wealth2k, LIMRA, Northwestern Mutual, Transamerica, XYPlanning Network and FMeX.
Journal of Retirement’s Spring Issue Appears
The eight articles are available to the Journal of Retirement's paid subscribers. Brief descriptions of the articles are provided here.
Center for Retirement Research gets political
The humble IRA is at the center of the two biggest retirement-related controversies in Washington, D.C. today: the fiduciary rule and the exemption from ERISA for state-sponsored auto-IRAs.
Aria Retirement Solutions refreshes website, hires new president
'Our expansion supports the growth in our offering and reflects the industry-wide shift to fiduciary-friendly, fee-based solutions,' Aria chairman and CEO David Stone said in a statement.
Honorable Mention
Brief or late-breaking items from Allianz, Great American Insurance Group and the Hueler Companies.
The high cost of unretired employees
If employers don't help their employees save adequately for retirement, workers are likely to postpone retirement, according to a new study from Prudential Financial. An older workforce could mean...
The link between wealth, education and longevity
'All socioeconomic groups are living longer, but the gains are greater for the most educated,” according to a recent paper from the Center for Retirement Research at Boston College....
Treasury solicits opinions about ultra-long bonds
The Trump administration and Treasury Secretary Steve Mnuchin has been asking primary bond dealers if they would like the government to issue bonds with terms of 40, 50 or...
Americans like ‘fiduciary,’ but can’t explain it
More than half of respondents (53%) to a recent Financial Engines survey mistakenly believe that all financial advisors are already legally required to put the best interests of their...
Honorable Mention
Brief or late-breaking items from Athene Holdings, Lincoln Financial Group and Fidelity & Guaranty Life.
Spruced-up variable annuities from Principal Financial Group
The Lifetime Income Solutions II contract offers two income riders, one of which has a 5% simple roll-up. The Pivot contract offers a two-sleeve strategy that calls for periodic...
Fixed annuity option added to AXA’s DC recordkeeping platform
“The fixed account is generally intended to provide a guaranteed rate of accumulation, but participants have the option to annuitize to receive a lifetime income,” AXA told RIJ in...
These are not your grandfather’s (or Gary Brinson’s) withdrawal rates
Writing in the April issue of the Journal of Financial Planning, the "Nest Egg Gurus" and Morningstar's David Blanchett show that many questions about sustainable withdrawal rates from retirement...
Honorable Mention
Brief or late-breaking items from eMoney Advisor, New York Life, Northwestern Mutual, and Milliman.
A Bold, Direct-Sold, Multi-Premium DIA from Nationwide
The new product, currently available only in Arizona and accessible only through a portal on Nationwide's website, is designed for middle-class investors over age 35 with household incomes between...
Retirement Clearinghouse gathers allies for its ‘auto-portability’ solution
At a forum called 'Retirement Plan Portability & Public Policy: Unlocking the Potential in Portability' in Washington, D.C. on March 30, a panel representing EBRI, Groom Law Group, and...
