Stocks are like a passing offense and bonds, arguably, are more like a running game. In a new article, Morningstar’s David Blanchett writes that most retirees would be better off raising their allocation to bonds during retirement than raising their allocation to stocks.
'From eMoney they’re getting the retail and advisor aggregation tool and the client portals; that is, the user experience part, where the industry is playing catch-up with the robo-advisors,' said financial software analyst Joel Bruckenstein.
"I believe that alternative investments—in four broad categories—are areas where people should diversify," said former Jackson National Life executive Clifford Jack in an interview with RIJ. His book, 'Generation Alt,' was published last summer.
"By making the final years of life (should they occur) the insurance company’s problem, makes retirement investing feel more manageable,” write Laurence Siegel and Barton Waring in the Financial Analysts Journal.
Effective tax reform will undoubtedly require some difficult compromises. In this opinion piece, retirement expert Gene Steuerle of the Urban Institute describes a potential trade-off that is bound to might make some cheer and others wince.
The argument over whether there should be a fiduciary standard or a suitability standard misses the point. This is about the cost of distribution, not about ethics.
Though several of these proposals have been rejected or ignored by Congress in the past and may be ignored again, President Obama included a number of items in his 2016 budget request that could, if enacted, dramatically impact the retirement industry.