Financial Engines’ Secret Income Plan

Financial Engines CEO Jeff Maggioncalda expects his firm to roll out an in-plan income option to DC participants in late 2010 or early 2011. He won't reveal details, but there are clues to his intentions. Photo by Robyn Basso.

Which Are the Hottest VA Brands?

Who do advisors think of first when asked to name a variable annuity provider? The just-published 2010 Advisor Brandscape from Cogent Research reveals that and much more.

The Downside of Upping the Retirement Age

Social Security turns 75 on Saturday, and pressure to raise the claiming age for full benefits is rising. But that would hurt the least well-off most, said experts at the Retirement Research Consortium meeting in Washington last week.

The Gospel of Matthew Hutcheson

The 40-year-old leader of the “independent fiduciary movement” is passionate about making retirement plans more responsive to the needs of participants.

Cue the Traveling Music…

... Because the fall conference season is about to begin. It starts after school opens and ends by Thanksgiving.

In Singapore, as in the U.S., Savings Grow Slowly

In Singapore, HSBC Insurance has unveiled a new annuity contract called SecureIncome to help Singaporeans save for retirement. The product appears to beat putting money under the mattress, but not by much.

Dutch Pensioners in a Panic

Participants in 14 pension funds in the Netherlands are facing benefit cuts in the wake of the financial crisis.

New SALB Launched By Investors Capital Corp.

The account combines Investors Capital Advisory Services’ series of asset allocation models with a stand-alone living benefit that offers investors a guaranteed 5% lifetime income stream.

A Snapshot of U.S. Household Debt

As a country, the U.S. owes its bondholders almost $13.4 trillion. As individuals, Americans owe about $11.2 trillion. Unlike the national debt, however, household debt recently fell--for the first time in four years.