Every other year for the past two decades, the Society of Actuaries has sponsored a 'speculative' fiction-writing contest for actuaries. The winners of this year's contest were announced yesterday.
Wells Fargo Asset Management's new target-date series of CITs comes with a built-in, optional retirement income strategy: systematic withdrawals plus an annuity starting at age 85.
In her new book, 'The Deficit Myth,' Stephanie Kelton explains Modern Monetary Theory--and how we can afford a lot more as a nation than we think we can.
The deal, part of a trend in private-equity acquisitions of life/annuity properties that began a decade ago, makes KKR about one-third larger. The trend tailwind: low rates.
The IALC is a three-year-old advocacy group representing fixed indexed annuity manufacturers, with former North Dakota insurance commissioner Jim Poolman as executive director.
In this excerpt from the former Fed chairman's first blog post at the Brookings Institution website, he defends himself against the charge that his low interest rate policy has been bad for retirees.