What were the most significant decumulation research papers published last year? These ten articles can certainly claim to be among them.
At the LIMRA-Society of Actuaries Retirement Industry Conference in Baltimore last week, Scott Stolz from Raymond James, Greg Jaeck from Edward Jones and Jarrod Fisher from Simplicity Financial Distributors delivered frank opinions about annuities and annuity issuers.
Many factors are driving the increase in indexed annuity sales: More manufacturers, better products, more distributors, competitive commissions, aging boomers, and relaxed regulation. But does the bubble contain the seeds of its own deflation?
Israel has found that even a mandatory defined contribution system can’t resolve all of the behavioral, economic, or administrative issues that prevent low-income and minority workers from saving for retirement. (Photo: Mahane Yehuda market in Jerusalem.)
Professionals from across the retirement income industry express their views of the DoL/Treasury announcement last week on fee disclosure and annuities.
Don't expect participants to revolt when they see how high their 401k fees are, and don't expect 12b-1 fees to disappear, said the president of the PSCA. But the problem of 'fee bracket creep' should be fixed by new federal rules.
“The biggest dynamic is simply the lack of supply in fixed income,” a BlackRock executive said. “We are seeing something we have not seen for at least 25 years.”
Under the current system, many new retirees from employer-sponsored plans fail to shop around for the best income annuity.
The nation's largest mutual insurer said Guaranteed Future Income is the “fastest growing annuity product solution in the company’s history.”
Capital One said it would remain a “traditional bank” and hold just 1.5% of total U.S. deposits if the deal goes through.
A Hearts & Wallets study found that women tend to own fewer types of investment products than men, and have higher allocations to bank products.
Brief or late-breaking items from the Retirement Income Industry Association, the Defined Contribution Institutional Investors Association, Lincoln Financial, and Prudential Retirement.