The Goldman Touch

The complex deal at the heart of the SEC’s case against Goldman Sachs may reveal Wall Street to be a labyrinth or casino, but it doesn’t necessarily establish fraud.

The Sacrificial Payroll Tax

Idle talk about suspending the payroll tax is making 'blue' Senators blue. We get answers from Social Security expert Eugene Steuerle of the Urban Institute.

An Income-Generating ‘Collar’

Using a 'protective net-credit collar,' the Nationwide Risk-Managed Income ETF has distributed monthly income at an annual rate of 7.88% in 2020, while appreciating 10%. Is there a catch?

Life Insurers’ Bermuda Triangle, Part II

The humble fixed indexed annuity is at the center of the restructuring hurricane that has swept through the life insurance industry in recent years. We bring you the second article in a series on the topic.
Featured

The Future of DC Plans, Via PIMCO

A PIMCO executive’s new book is an ode to custom target date funds—and offers a glimpse of the Allianz unit’s retirement business strategy going forward.
News

AIG Mending, But Still Dependent, GAO Says

"The sustainability of any positive trends in AIG's operations depends on how well it manages its business in this current economic environment," said a new GAO report.

Wells Fargo Tops Bank Annuity Fee Chart

Wells Fargo & Co. accounted for $678 million, or almost 26%, of bank annuity fee income in 2009, thanks to its acquisition of the perennial leader in bank annuity sales, Wachovia Bank.

AXA Equitable VUL Offers Downside Risk Buffer

The Market Stabilizer Option offers a rate of return tied to the S&P 500 Price Return index, up to a growth cap. It also provides a downside buffer of up to 25% if the index underperforms.