Publicly-held life insurers are using reinsurance to improve their balance sheets. But at what cost? 'I believe that many of these blocks of business are only being funded in part with real assets,' a forensic accountant told RIJ.
How can you model calm in the midst of organization crisis? Kamila Sip and Jay Dixit of the Neuroleadership Institute explain how the brain processes stress.
Retirement plans cope better this year than in 2008-2009; Public pensions have shown “great resiliency” this year: Milliman; SPARK Institute elects new chair and vice-chair; TruChoice to distribute Jackson National annuities to RIAs; Pandemic shows importance of 401(k) “sidecar” accounts: Morningstar; Solash takes on new responsibilities at AIG.
The Fed is giving mixed messages: Telling investors to relax while telling Congress to take fiscal action against the pandemic slump. Our guest columnist interprets the oracle.
But 64% of respondents to a Cerulli survey cited low demand for guaranteed retirement solutions—despite the 2019 SECURE Act’s provision of regulatory protections for offering annuities. Cerulli is also bullish on RILAs.