A former chief actuary of Denmark seeks a US target date fund company that might use his technology, the 'iTDF,' to create a seamless transition from pre-retirement savings to safe income during the first 20 years of retirement.
Similar to the SeLFIES proposed by Robert Merton and Arun Muralidhar, the Retirement Bonds proposed by Lionel Martellini and Shahyar Safaee of France's EDHEC Risk Institute would guarantee safe income over the first 20 years of retirement.
'Eighty-one percent of insurers are concerned about meeting return targets given the low interest rates,' Cerulli's latest products report said. It also documented heavy outflows from low-volatility ETFs.
'Sometimes, the problem is just knowing when to stop,' writes Jonathan Gregory, head of fixed income UK for UBS Asset Management, in writing about the implications of the loose money policies of central banks around the world.
Retirement Income Journal takes a holiday break; Great American offers fixed multi-year guaranteed rate annuity for RIAs; Lincoln’s 401(k) adds Income America 5For Life; Jackson buys back 2.2 million shares of common stock, promotes Romine and Reed; SEC proposes more disclosure of stock buybacks; US life/annuity sector now ‘stable’: AM Best; Athene Holding invests in Hong Kong insurer.