By Kerry Pechter
“We know that there’s no free lunch and that you have to take a certain amount of risk. But we don’t want to do anything stupid,” said the head of investment policy at the National Employment Savings Trust, the U.K.’s new “public option” DC plan.
By Kerry Pechter
This is the first part of a two-part article on Britain’s ambitious national defined contribution fund for undersavers, a "public option" called the National Employment Savings Trust, or NEST.
By Kerry Pechter
A VA lifetime withdrawal benefit—especially one with a 'ratchet'—can provide the upside potential and downside protection that many Boomers want in retirement, say researchers Petra Steinorth and Olivia Mitchell. But a life annuity offers a higher dose of "AEW."
By Steven D. McDonnell
Squeezed by low interest rates, variable annuity issuers have no choice but to keep trimming their benefits. In this review, a VA expert surveys the summertime activity of (and skuttlebutt related to) major manufacturers.
