In this video, Mark J. Warshawsky, director of Retirement Research at Towers Watson, discusses his new book, Retirement Income (MIT Press, 2012) with RIJ editor Kerry Pechter. Their conversation focuses on the author's recommended strategy of buying a series of immediate annuities during retirement.
Annuity issuers want—and need—their products to be included as a matter of course in the model portfolios or asset allocation software tools that more advisors are expected to rely on in the future.
Because corporations have been returning more of their profits over to shareholders and less to workers, especially over the past 30 years, according to authoritative recent research. The implication is that investors' gains have come at the expense of workers, who own little stock.
Catching up with the 'application programming interface' technology train is essential for annuity issuers. APIs integrate annuities into advisor platforms, reduce NIGO applications, and give clients a fluid online experience.
Investors were running scared after 3Q equity market turmoil. But they didn’t flock to variable annuity guarantees for protection.
Gavin Magor of Weiss Ratings has selected what he calls the nine best variable annuity contracts. His criteria? Low fees, no front-end loads, no surrender charges and a solid investment portfolio.
The contract, which emphasizes choice, gives investors two index options and three possible crediting methods.
The latest Merrill Lynch Affluent Insights Survey showed that 73% of the affluent not yet retired viewed retirement as “a second act” during which they would work at least part-time.
Although Boomers cite uncovered healthcare expenses (80%) and becoming ill (74%) as their top financial concerns about retirement, many appear to be taking a “learn as you go” approach to understanding Medicare’s coverage and costs.
Brief or late-breaking items from LPL, McCamish Systems, Ebix, Allianz Life, Fidelity, Lincoln Financial and Mutual of Omaha.
Cogent Research's new 2012 Assets in Motion study can help you understand and benefit from the rising flow of money from qualified plans to rollover IRAs.
Lower prevailing interest rates have led to unbundling of indexed annuity features and, as a result, greater transparency.