Advisors, brokerages, IMOs and insurers will be able to use the Toronto-based data company's new analytics to make apples-to-apples comparisons of variable and fixed indexed annuity contracts and their riders.
'Bitcoins are only useful to speculators, but the blockchain technology on which it is based will both enhance cyber-security and make the current payment mechanism far more efficient,' writes our guest columnist, publisher of the NumberNomics blog.
Sales of the Indextra series exceeded $1.5 billion as of November 30, 2017, according to the release. Launched Sept. 29, 2014, Indextra had strongest first-year sales in W&S Financial Group Distributors’ product history, the release said.
A two-year increase in the age for receiving full Social Security benefits (to age 69) would reduce annual consumption in retirement by 5.6% for low-income, 4% for middle-income, and 2.2% for high-income retirees, according to the Center for Retirement Research at Boston College.
The defined contribution system, despite its standardized designs, regulations and contribution limits, reproduces (and may amplify) the economic disparities in the workforce it covers (or fails to cover).
Among the 9.1 million households that took withdrawals from IRAs for tax year 2016, 71% used the RMD rule to calculate them. About two-thirds asked a financial adviser to calculate their withdrawal, according to a new report from the Investment Company Institute.