Genworth survey probes financial apathy
Many Americans regard financial products as too complex, or say they don’t have time to learn about finance, or are uncertain about how to get started, according to an...
How life insurers can succeed over the next decade: McKinsey
"Individual annuities have soaked up more than a third of industry capital and have created less than 20 percent of value," according to a new white paper from McKinsey...
Publicly traded life insurers repurchased $4.9 billion in shares in 2013: A.M. Best
Some of the repurchase activity in 2013 was driven by the 67% increase in life/annuity share prices and the desire to offset the dilutive effect of in-the-money stock options...
Honesty really is the best corporate policy, writes EST founder
Werner Erhard, the former salesman who reinvented himself as a self-help guru, who was vilified on '60 Minutes' but later vindicated, wants to restore integrity to the world of...
Video: A Chat with Morningstar’s Retirement Solutions Group
In this seven-minute video, RIJ editor Kerry Pechter interviews Nathan Voris, the large market practice leader, and Jeremy Stempion, the director of investments, of the Retirement Solutions Group of...
Net annuity cash flow at b/ds fell 19% in 2013: DTCC
December 2013 was the first month of negative net flow into annuities since Analytic Reporting of Annuities, an online service of DTCC’s National Securities Clearing Corporation (NSCC), began collecting...
Affluent Americans expect to delay retirement: Cogent
“To the extent that pre-retirees lack confidence about retirement, providers can offer a voice of assurance or reason," said Linda York, the president of syndicated research at Market Strategies...
Fidelity, as service provider, wins in appeal of “Tussey v. ABB”
This week's appeals court decision in the class action suit against Fidelity and one of its 401(k) recordkeeping clients was a "mixed bag for plan sponsors, participants and service...
AIG enhances living benefit of indexed annuities
The Lifetime Income Plus rider is automatically included in Power Index Plus Income, a new index annuity focused on retirement income and designed especially for the financial institution and...
FIA, DIA, and SPIA sales broke records in 4Q 2013: LIMRA
Joe Montminy, assistant vice president, LIMRA SRI Annuity Research, attributed sales growth to rising interest rates, product innovation and “organic growth” in the bank and Independent B-D channels.
Before buying pension liabilities, UK insurers may require check-ups
“An increasing number of businesses keen to explore using medical underwriting as part of their de-risking strategy,” said Margaret Snowdon, director of JLT Employee Benefits.
A retirement income guide for the perplexed plan sponsor
If you want to come up to speed fast on the DC-to-DB dialogue, check out this hefty new report from the Society of Actuaries and the Stanford Center on...
Three percent GDP growth for next three years: BNY Mellon
The Fed will fall “behind the curve” in its monetary policy, creating pressure for a major upward spike in interest rates in 2017 or 2018, following the Presidential election...
Will Obamacare Undermine Employer-Provided Health Insurance?
The projection by some that 43 million Americans could lose their employer-sponsored health insurance when the Affordable Care Act becomes law is not backed up by the evidence, according...
Allianz Life Launches an “Indexed Variable Annuity’
The product, Index Advantage, includes variable annuity subaccounts, plus a low-risk index crediting method that returns 4% (annually adjusted) whenever the index is flat or positive, plus a structured...
The Bucket
Brief or late-breaking items from Cannex and The QWeMA Group, Nationwide Financial, The SPARK Institute and ING U.S.
The Bucket
Brief or late-breaking items from Cetera, Nationwide and New York Life.
The Bucket
Brief or late-breaking items from Beacon Research, Athene Annuity, ADP, ING U.S., and Ruark Consulting.
The Bucket
Brief or late-breaking items from Nationwide, Spain, New York Life, Transamerica and T. Rowe Price.
