In this excerpt from his new book, 'Lifetime Income to Retire with Strength,' AM Best actuary Bruno Caron presents an example of his 'AIM' retirement income planning method. He recommends income strategies with and without annuities.
'Nearly two-thirds (63%) of target-date managers suggest the first-quarter 2020 period of heightened market volatility will increase client demand for guaranteed investments,' according to a Cerulli Associates analyst.
Malone, chairman of Liberty Media, says that RCH majority owner Robert L. Johnson, founder of Black Entertainment Television, convinced him of the importance of reducing leakage from qualified plans.
'Even if major tax legislation is unlikely, the executive branch has regulatory tools at its disposal to impact tax policies,' said Gary Fox, managing partner of tax services at Crowe.
Aon PEP to open
Aon PEP (pooled employer plan) opens in January; Life/annuity industry suffered sharp drop in net income in first nine months of 2020: AM Best; Morningstar to integrate ESG factors into research; Transamerica and Aegon launch defined benefit plan servicesPenChecks Trust launches online payment service for retirement plans; American Equity completes $337 million equity sale to Brookfield; will repurchase more shares; Principal promotes senior managers in Latin America and Asia; Alerus to acquire Retirement Planning Services Inc.