‘Smart,’ from UK, Enters the US PEP Market

By Kerry Pechter

'Smart' is the recently-launched American branch of a British fintech with expertise in a kind of retirement savings plan that's called a 'master trust' in the UK and a 'pooled employer plan' or PEP in the US. RIJ interviewed two of its top executives.

MassMutual flies into the ‘Bermuda Triangle’

By Kerry Pechter

MassMutual has all the pieces--a life insurer that issues fixed annuities, a stake in a Bermuda reinsurer, a big in-house asset manager, and various partnerships--that should enable it to compete with Athene and Global Atlantic.

LGIM America launches ‘Retirement Income Fund’ and four other funds for DC plans

In early 2022, LGIM said it will be 'completing a long-life strategy, which is the longevity piece of our solution and designed to support individuals into their later years of retirement.'

Why Asset Managers Keep Buying Annuity Issuers

By Kerry Pechter

What is concerning are not so much the practices of pioneers of this business. More concerning are the 'me-too' players--smaller johnny-come-lately asset managers who want some of those billions flowing from desperate institutional investors.

Breaking News

DPL and Security Benefit add ‘total return’ index option to FIA; Americans expect market volatility in 2022: Allianz Life; Lincoln redesigns participant-facing website.

Data Connection: Inheritance, By Race and Age

Get the Whole Story. Subscribe Today
to Retirement Income Journal.
Now reaching 7,000 thought-leaders a week!