How to Make Annuitization More Appealing

In the embedded video, Brigitte Madrian of Harvard (pictured) describes the results of two surveys of older Americans about lifetime income that she and a team of other Ivy League researchers conducted. An article accompanies the video.

Public Pensions, Version 2.0

In New Brunswick, Canada, city officials and union leaders are experimenting with a new, more frugal kind of public pension that’s based on the principle of “Shared Risk.”

Zombie 401(k) Accounts

Who ya gonna call when former participants disappear, but their retirement accounts remain undead and their checks ($735,000, in one case) go uncashed?

Closer to Where You Belong

Whither the variable annuity business? We asked Bruce Ferris of Prudential, Liz Forget of MetLife, Eric Henderson of Nationwide Financial, Dan Herr of Lincoln Financial Group, Richard Moran, formerly of Symetra, Alison Reed of Jackson National Life Distributors, and Cathy Weatherford of the Insured Retirement Institute.
Featured

Pardon My Cynicism

Though well-intended, the proposal to put projections of future income on plan participants' statements may simply divert time and energy from more important issues that remain unresolved--like the fiduciary rule.
News

Canadian men and women are living longer

Adoption of the new proposed mortality tables could immediately increase pension accounting liabilities by 5% to 10% for many Canadian defined benefit plans, according to Towers Watson.