A ‘Cashback’ Pension-Building Card, from Germany
'The Vantikcard uses the 1% cashback as a kickstart into retirement savings and for customers to then save on top of the cashback,' a Vantik veteran said. Right: Vantik CEO Til Klein.
How to Interpret the Proposed RMD Regs: Wagner Law
Without special 'see-through' trust provisions, a retirement asset with a trust as beneficiary may need to be distributed by the end of the 5th year following the year the participant dies, writes Wagner Law Group attorney Barry Salkin. He clarifies the proposed RMD regs.
Net income of stock life/annuity firms tripled in 2021: AM Best
'The persistent drag from low interest rates continues to impact margins, but ongoing growth in general account invested assets has pushed investment income higher,' said Best's analysts.
Anecdotal Evidence
To Make the Economy Better, Let’s Not Make It Worse
Raising interest rates, driving down asset prices, and sparking layoffs can't be the best way to neutralize a petroleum-driven inflation. But higher rates could make real returns on bonds positive for investors.
Breaking News
MetLife launches 'private equity fund' platform; Inflation, war affect asset allocations at pension funds: bfinance; Eagle Life enhances index annuities; Elizabeth Heffernan joins Micruity.
COVER STORIES YOU MAY HAVE MISSED
April 7, 2022
Your Retirement Money Diet
Morningstar's investment gurus put four variations of the "safe withdrawal" method through a simulated retirement scenario involving a 65-year-old man, a $1 million portfolio, and a 30-year time horizon. Each method had strengths and...
March 31, 2022
Meet Corebridge, AIG’s ‘Bermuda Triangle’ Venture
Corebridge Financial is AIG's Life & Retirement division, spun off and rebranded. It teams up with some of the world's largest asset managers and a reinsurer based in Bermuda. An IPO is planned for...
March 24, 2022
Europe’s Borderless New DC Plans
After 10 years of preparation, the European Union has created Pan European Personal Pension plans (PEPPs). These will be available to any EU-country citizen working in any EU country. But who will offer them?
