The Reverse Mortgage Puzzle, Part II

Last week we focused on the HECM product, and how it became less generous after the financial crisis. This week we examine the role of the banks—large ones and smaller ones—and their roles (or former roles) in the distribution of HECMs.

Trends RIJ Will Track in 2021

When will annuities be loved? After all the creative destruction of the past 10 years, what’s next for the annuity industry? Which trends will persist? Which products will flourish? We discuss the trends that Retirement Income Journal expects to cover in 2021 and beyond.

The Catch-22 of In-Plan Annuities

Fixed deferred annuities may be the most promising candidates for inclusion in 401(k) plans. But in order to adapt these contracts to the defined contribution space, they must lose some of the 'illiquidity' that helps make annuities valuable. Some innovative solutions are now on the market.

Bermuda Triangle Part IV: The Reinsurance Angle

Publicly-held life insurers are using reinsurance to improve their balance sheets. But at what cost? 'I believe that many of these blocks of business are only being funded in part with real assets,' a forensic accountant told RIJ.
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What’s Wrong with Negative Rates

'If central banks continue to use the wrong models, they will continue to do the wrong thing,' writes the Nobel Prize-winning economist.

An Overview of the Fiduciary Rule

The ERISA attorney at the firm of Drinker Biddle & Reath believes that 'broker-dealers will be affected the most by new DOL rule. Insurance companies will also need to make changes. Most RIAs will only need to adjust to the new rules regarding recommendations of distributions and rollovers from plans and withdrawals and transfers of IRAs.'
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Honorable Mention

Brief or late-breaking items from Millennium Trust, AARP, The American College, Allianz Life and the Teamsters Union.