“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.
Should US retirees delay claiming Social Security until age 70, even if they have to spend savings until then? The Center for Retirement Research at Boston College proposes that strategy as a default option in retirement plans.
Shopping for an annuity, like shopping for a car, involves questions about the manufacturer of the product. Do their products perform as expected? Will service quality be high? Are they likely to stay in business? We show you where to look for answers.
At the LIMRA annual conference in Boston earlier this week, MIT economist James Poterba described how low interest rates make saving for retirement more of a challenge.
A Weiss Ratings bank analyst estimates the damage that the LIBOR scandal could do to the share values of the banks that are implicated.
"This market is more mature than many people realize," said Tamiko Toland, principal author of a new Strategic Insight review of the efforts to sell individual lifetime income guarantees to current participants of defined contribution plans.
Prudential, Jackson National, MetLife, Aegon/Transamerica, and RiverSource have increased their penetration among VA users over the past year, says a new report from Cogent Research.
Increasing the fund options increases the number of funds that people invest in and increases their tendency to spread the dollars evenly among those funds, a new study shows.
“We disagree with the disaster scenarios for Europe,” said the bank’s chief economist, Richard Hoey.
For the first half of 2012, Fidelity conducted more than 45,000 Roth IRA conversions with investors.
Brief or late-breaking items from Nationwide, Transamerica Retirement Services and MassMutual Retirement Services.