Architect of immortality dies at 72
The artist/architect Madeline Arakawa Gins believed that houses with unconventional colors and planes could extend the lives of their inhabitants indefinitely.
Beware of seeds, stems and scams
Marijuana stock hustles tend to use the same techniques as “pump and dump” stock ploys, says FINRA, which is warning investors about dodgy securities of firms selling the psychoactive...
Metrics of the 2013 bull market
“One area of intriguing promise is actively managed ETFs, a segment of intense innovation activity for the coming years,” said Ari Nachmany, research director at Strategic Insight.
Guardian Life’s new VA offers alternatives
Guardian may have been inspired by the success of Jackson National’s Elite Access variable annuity, which has sold well among advisers who in the past were unlikely to buy...
Fidelity sued again over plan fees
The same plaintiff's attorneys are after Fidelity again--for overcharging its own plan for recordkeeping. The alleged overcharge--about $90 million over five years--amounts to less than 20 basis points (about...
Take Me to Your Leader
The retirement movement needs more focus. There are lots of strong voices, but they're not singing in the same language from the same hymn book at the same time.
A Chat with Jackson’s Cliff Jack
The executive vice president and head of retail at Jackson National Life (and former chairman of the National Association of Variable Annuities) spoke with RIJ about the two kinds...
In TPA merger, Retirement LLC–Series Two acquires Capella
“This is our third merger in the last 12 months and we have no plans to slow down in 2014," said Robert Krypel, CEO of Retirement LLC–Series Two.
Broadridge unit signs DCIO service deal with The Standard
The new portal allows firms offering funds on The Standard recordkeeping platform to monitor sales across retirement plans and to understand the advisors selling those plans, according to a...
Private pension funding level rises 18 points in 2013
Public defined plans, endowments and foundations benefited in December from the equity rally as well as their holdings in private equity, according to BNY Mellon’s Investment Strategy & Solutions...
Equity funds gain record $352bn; bond funds lose record $86bn
“The Fed finally succeeded last year in its long-running campaign to coax fund investors to speculate. The ‘great rotation’ that some market strategists long anticipated is under way,” said...
The latest 401(k) stats from EBRI
At year-end 2012, 15% of the assets in the EBRI/ICI 401(k) database were invested in target-date funds and 41% of 401(k) participants in the database held target-date funds.
RetiremEntrepreneur: Borden Ayers
Borden Ayers is creator of the Retirement Management Executive Forum, a unit of Diversified Services Group in Philadelphia. The RMEF hosts meetings where executives from 33 select retirement companies...
Probing the Minds of Advisers
Manufacturers trying to build retirement income solutions for advisers face the fact that advisers vary widely in their approaches to retirement planning, says Howard Schneider of Practical Perspectives, which...
The Principal to deregister as an S&L
During the deregistration process, Principal Bank narrowed its activities to those of a limited purpose trust savings bank.
Prudential in Malaysian joint-venture
A new subsidiary of Prudential will hold 70% of the shares of Uni.Asia Life Assurance Berhad.
Bowl games feature new Northwestern Mutual “Columns” ad
The series includes six 30-second spots that will air during the Rose Bowl, Fiesta Bowl, Orange Bowl and BCS Championship game.
For those 65+, work and wealth are linked
The largest single source of income for Americans ages 65 and over, as a group, is earned income, according to a study by AARP based on recent U.S. Census...
FINRA Talks a Good Game, Part II
FINRA Regulatory Notice 13-45, on the heels of the FINRA Conflict of Interest report, may be its way of telling the DoL that FINRA can make the suitability standard...
