This ad drew a wide range of responses. Many reviewers said it “spoke to them.” Some said it left them cold.
We summarize four recent papers: 'Portfolios for Long-Term Investors,' 'What is the Value of Annuities?,' 'Public Economics and Inequality: Uncovering Our Social Nature,' and 'Financial and Total Wealth Inequality with Low Interest Rates.'
How will variable annuity contract owners use their income benefits? That question is vital to annuity issuers and to fiduciary advisers with clients who own VAs. This Texas Dep't of Insurance actuary knows a product that can help them find out.
Bloomberg reported this week that Prudential is considering selling its retirement plan recordkeeping business. Prudential didn't confirm the report, but several industry insiders did. Low interest rates, high costs of IT makeovers, and sticky stable value fund guarantees are driving the move, RIJ was told.
About one-third of affluent investors make all their own retirement decisions, the Phoenix study showed.
Americans in their early 50s have twice the hypertension, obesity, and diabetes rates as Europeans.
The rider fees are higher and age-thresholds for higher payout rates are adjusted upward.
'If all premiums were taxed as income, you’d get quite a disruption,' said an Urban Institute analyst.
The Hartford, MetLife Investors USA, and AXA Equitable have new variable annuity contracts.
Should you be concerned about where you rank in search engine results? Yes, says David Macchia.
"Although a panic may be collectively irrational, it may be entirely rational at the individual level," said the Fed chairman.