Low Hanging Life Insurers

Patient investors in search of stock-market bargains might consider the shares of U.S. life insurance companies.

Research Roundup

We summarize four recent papers: 'Portfolios for Long-Term Investors,' 'What is the Value of Annuities?,' 'Public Economics and Inequality: Uncovering Our Social Nature,' and 'Financial and Total Wealth Inequality with Low Interest Rates.'

An Annuity’s ‘Moneyness’? There’s an App for That

How will variable annuity contract owners use their income benefits? That question is vital to annuity issuers and to fiduciary advisers with clients who own VAs. This Texas Dep't of Insurance actuary knows a product that can help them find out.

A Chip Off the Old Rock?

Bloomberg reported this week that Prudential is considering selling its retirement plan recordkeeping business. Prudential didn't confirm the report, but several industry insiders did. Low interest rates, high costs of IT makeovers, and sticky stable value fund guarantees are driving the move, RIJ was told.

Patently Controversial

Lincoln National Life has received a new patent on its GLWB process, raising concerns that it might once again seek royalties from other VA issuers.

Summary of proposals in Obama budget

Here are proposals in the new Obama budget that are likely to affect members of the financial, insurance or retirement planning industries.

The Bucket

Brief or late-breaking items from DST, The Hartford, LPL Financial, RIIA, MassMutual, Consolidated Credit Counseling Services, Lincoln Financial Distributors, and Mutual of Omaha.

‘Field Research’ in Behavioral Finance

Real scientists scoff at the value of "anecdotal evidence." But you can learn a lot about the psychology of money at a garage sale, or when you're buying clothes.