Before 2015 arrives, bringing its own urgent demands for our attention, here’s a look back at a dozen of RIJ’s best articles of 2014.
Solash, who leads AIG's Individual Retirement business, spoke with us about the company's approach to the annuity market. The NAIC recently reported AIG's overall Life and Retirement businesses as having an industry-leading $18.4 billion in sales.
In retirement, "risk" can turn from an object of pursuit to an object of avoidance. In the second installment of a two-part article, our guest columnist continues his discussion of financial and other risks that retirees and advisors should anticipate.
In the first of a two-article series, the retirement expert, author and editor enumerates and describes the many risks that retirees face. (Spoiler alert: Mortality is not one of them.)
"This is the most substantial settlement ever in an ERISA fiduciary breach case involving the receipt of revenue sharing by a service provider. It is... nearly 10 times greater than recent settlements against ING and MassMutual," according to the FRA PlanTools blog.
"Gibraltar Ventures will explore disruptive strategies and business models, focus resources on those ideas that have the most potential to advance retirement and financial security, and complement our current innovation efforts," said Christine Marcks, president of Prudential Retirement.
Retirement Income Journal will not publish on Christmas or New Year's Day, but will return on January 8, 2015. I will be traveling in France and Spain, asking the residents of Paris and Barcelona how they expect to finance their retirements.
MapLight, which tracks the influence of money in U.S. politics, claims that the four banks benefiting most from last week's relaxation of rules against swaps trading by federally-insured banks spent $30.7 million lobbying Congress and federal agencies in 2013 and 2014.
PIMCO's firm-level outflows slowed to $12.8 billion after much larger redemptions in September and October. Janus, with Bill Gross on board, experienced its second positive month in November after 36 consecutive months of outflows.