By Editor Test
Variable annuity sales improved for the fifth consecutive quarter in the second quarter of 2011, while fixed annuity sales were one percent less than in the year-ago quarter, according to a report from LIMRA.
By Editor Test
What, if any, variable product guarantees would be covered by a guaranty association, the regulators want to know.
By Editor Test
If they were more financially sophisticated, Americans could be paying much less in mortgage interest and mutual fund fees, says financial literacy scholar Anna Lusardi.
By Editor Test
Plan participants who dropped to zero equities but then returned to some equities after the 2008 crisis saw an average account balance increase of 25% by June 30, 2011, compared to 50% for those who stuck with their equities.
By Editorial Staff
Brief and late-breaking items from T. Rowe Price, Securian, Zurich, The Hartford, New York Life and MetLife.
By Kenneth Rogoff
'The global economy is badly overleveraged, and there is no quick escape without a scheme to transfer wealth from creditors to debtors, either through defaults, financial repression, or inflation,' writes Harvard economist Kenneth Rogoff.
By Editor Test
Economists at the San Francisco Fed suggest that P/E ratios are bound to suffer as the Boomer cohort gets older and liquidates its assets.