Risks That Can Ruin a Retirement
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.)
Annuity Sales
Record sales for indexed annuities in 2018
For 2018, fixed indexed annuity sales rose 27% to $69.6 billion, compared with 2017. This exceeded the previous annual fixed indexed annuity sales record by $10 billion, according to LIMRA Secure Retirement Institute.
Annuity distribution
Envestnet Insurance Exchange aims for June 2019 launch
The Exchange will give advisors access to variable, structured, fixed, and indexed annuities from Allianz Life, Brighthouse Financial, Global Atlantic Financial Group, Jackson National Life Insurance Company, Nationwide, and Prudential Financial.
Honorable Mention
Nick Lane becomes president of AXA Equitable Life; MassMutual reports record revenues for 2018; 'Alexa, What's my Principal Flash Briefing?'; eMoney launches Foundational Planning; Ricki Ingalls joins Retirement Clearinghouse.
Book review
A Textbook Way to Sell Annuities
If you’ve ever heard David Macchia speak, you’ll probably recognize his voice coming through the text of his new book. In 'Lucky Retiree,' Macchia explains retirement risks and time-segmentation while pitching his firm, Wealth2k, and its flagship product, the Income for Life Model.
Assets are concentrated among ‘mega’ advisors
“As advisors think more holistically about the nonfinancial, intangible impact they can have on their clients, mega teams well positioned to compete in this experience-centric model,” said Marina Shtyrkov, a Cerulli Associates analyst.
Investors fond of bonds so far in 2019
'Retail investors remain skeptical of the ferocious stock market rally early this year,' said David Santschi, director of liquidity research for TrimTabs. 'While bond mutual funds are drawing big inflows, all equity mutual funds have lost an estimated $14.9 billion in February.'
COVER STORIES YOU MAY HAVE MISSED
February 21, 2019
How Seeking Alpha Seeks Alpha—from Israel
At Seeking Alpha’s Tel Aviv headquarters, RIJ talked to the firm’s CEO, Eli Hoffmann, about how the blogger-clearinghouse makes a ton of money helping people who are trying to make a ton of money...
February 14, 2019
Shekel by Shekel: How Israelis Save
For the last decade, Israeli workers have contributed to mandatory defined contribution savings plans at work and must convert at least part of their savings to a lifetime income stream in retirement. (Photo: The...
February 7, 2019
A Genuine ‘Value Fund’ Is Hard to Find
"Even if the fund says ‘value,’ there’s no likelihood that it’s a value fund,” said Martin Lettau of UC-Berkeley, co-author of a study showing that Dimensional's value funds may be the only funds in...
