COVID-19 Will Cause a Drop in AUM: Cerulli

'Around the world, investments into private markets slowed in the first half of 2020, with only US$433.7 billion of capital raised,' said an analyst at the global analytics and consulting firm.
Guest column

‘A Payroll Tax Holiday Will Put the U.S. Back to Work’

A temporary payroll tax holiday could be offset by raising the retirement age for those who choose to participate. The full retirement age for Social Security, now 67, could be increased by six months each year until it reaches 78, writes Guggenheim's chief investment officer.


July 30, 2020

The Key to Turning On 401(k) Annuities

Micruity, a tech startup with a 30-year-old CEO, says it has the "middleware" that can integrate 401(k) plans and annuity issuers. Will the retirement industry listen?
July 24, 2020

Wells Fargo’s New Annuity Wagon

Wells Fargo Asset Management's new target-date series of CITs comes with a built-in, optional retirement income strategy: systematic withdrawals plus an annuity starting at age 85.
July 16, 2020

Where Does the Fed Get Its Trillions? Ask MMT

In her new book, 'The Deficit Myth,' Stephanie Kelton explains Modern Monetary Theory--and how we can afford a lot more as a nation than we think we can.