Who Has ‘Three Legs at Evening’? (The Elderly)

By Kerry Pechter

The Pension Research Council's Spring Symposium took place (virtually), which meant no semi-formal dinner with the sphinx at the University of Pennsylvania's museum. But the presentations of research papers were still well-worth hearing.

Social Security’s Political Problems

By Kerry Pechter

As evidenced by the Committee for a Responsible Federal Budget's objections to a recent Social Security bill, even the moderates in Washington can't agree on reforms.

Envestnet and Kestra co-launch platform for plan advisers

Envestnet's cloud-based platform supports more than 108,000 advisors and 6,000 companies. Kestra Financial, based in Austin, Texas, is part of Kestra Holdings.

Fed’s stability report assesses life insurers

Over the last decade, life insurers increased the share of risky, illiquid assets on their balance sheets, according to the Federal Reserve's annual Financial Stability Report.

Annuity providers report 1Q2022 performance

Jackson National Life reported almost $200 million in sales of its new registered index-linked annuity in the first quarter. Equitable's RILA, launched over a decade ago, took in about $2 billion. Brighthouse Financial reported a decline in annuity sales.

Data Connection: Trillions, trillions: Size of select US asset markets

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