In Target-Date Space, It’s Vanguard, Et Alia
Vanguard’s domination of TDF flows in recent years has paralleled its domination of overall mutual funds flows. Competitors search for ways to be different, but not too different.
This Is How You Sell Annuities
'This works really well with couples, where the husband is a risk taker but the wife is worried that she’ll be left without any money,' said Curtis Cloke about Retirement NextGen, a new software tool that replicates his planning techniques.
The Case for ‘Behavioral’ Portfolio Theory
In his latest book, 'Finance for Normal People: How Investors and Markets Behave,' Prof. Statman describes the behavioral-wants frontier. He contends that people seek 'utilitarian, expressive and emotional' benefits from what they buy.
Time for Retirement ‘SeLFIES’?
The Nobel Prize-winning economist and his colleague propose a new way to turn DC savings into retirement income. It involves 'Standard of Living Indexed, Forward-Starting, Income-Only Securities' (SeLFIES), an unprecedented government bond.
Featured
The Fight over Symbols Prevents Real Reform
With health, immigration, trade, and tax policy, the need for real improvements takes a backseat to counterproductive fights over political symbolism, writes our guest columnist, an economist and former Treasury official now at the Urban Institute.
Today at the Retirement Industry Conference
The consensus here at the LIMRA Secure Retirement Institute/SOA Retirement Industry Conference is that the fiduciary rule is here to stay. But industry executives hope that it will be tweaked to remove the right-to-private-action, which opens firms to class action lawsuits.
News
Journal of Retirement’s Spring Issue Appears
The eight articles are available to the Journal of Retirement's paid subscribers. Brief descriptions of the articles are provided here.
Center for Retirement Research gets political
The humble IRA is at the center of the two biggest retirement-related controversies in Washington, D.C. today: the fiduciary rule and the exemption from ERISA for state-sponsored auto-IRAs.
Aria Retirement Solutions refreshes website, hires new president
'Our expansion supports the growth in our offering and reflects the industry-wide shift to fiduciary-friendly, fee-based solutions,' Aria chairman and CEO David Stone said in a statement.
Honorable Mention
Brief or late-breaking items from Allianz, Great American Insurance Group and the Hueler Companies.
