The Retirement Industry Conference
Want lots of 2013 data on annuity sales and VA rider use? You’ll find it—plus Richard Thaler’s crowd-stumping riddle—in this roundup of news from the recent LIMRA/LOMA/SoA conference in Chicago.
With New Indexed Annuity, Nationwide Takes a Walk on the Wild Side
In February, Nationwide introduced New Heights, a fixed indexed annuity with an enticing "uncapped" crediting strategy and a novel living benefit rider for the b/d and independent agent channels. It's designed by Annexus to maximize what investors care about most.
Whose Retirement Crisis Is It, Anyway?
The thrust of last week’s ICI Retirement Summit was that there’s no broad retirement savings crisis needing government action. But that doesn’t mean Boomers won’t need help with decumulation.
Bill Sharpe’s New Retirement Blog
On the verge of his 80th birthday, Sharpe, who won the 1990 Nobel Prize for his Capital Asset Pricing Model, has been writing a blog that documents his work on an open-source software tool that can help advisers and their clients test retirement income strategies.
Featured
Waiting for the Fiduciary Train
Don't hold your breath waiting for the second draft of the Department of Labor's fiduciary proposal. That's one takeaway from a four-hour meeting at the Practicing Law Institute in New York on Tuesday, where securities law experts mulled the history and implications of broker regulation.
Losing Interest
"Central banks should set a higher inflation target, which would give them more room to cut nominal interest rates in response to a future slowdown," writes economist Barry Eichengreen, who believes that interest rates and demand are too low.
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