How to Have Enough Money for Retirement

More than 10,000 economists converged last month on Philadelphia (where Ben Franklin's bronze likeness idles on a bench on the Penn campus) for the American Economic Association's annual meeting. Several papers on retirement strategy were presented.

New York, New Jersey, NAIC propose investor protections

New York regulators have proposed a “best interest” standard for sales of life and annuity products, the Wagner Law Group reported. Some New Jersey legislators want non-fiduciaries to disclose that they may be putting their own or their firms' best interests first.

ADP and Financial Engines in financial advice deal

The Financial Engines advisory service offering, on the ADP platform, will launch in the summer of 2018. The deal expands FE's reach to thousands of small and mid-sized firms and broadens ADP’s financial wellness capabilities, the two firms said.

Honorable Mention

Lori Lucas is named CEO of Employee Benefit Research Institute, Prudential inks $1.8 billion pension risk transfer deal, DPL to bring no-load annuities to RIAs, Nuveen bolsters DCIO sales team, and Anthem gives $58 million to 58,000 employees for retirement.


February 1, 2018

A ‘Blueprint’ to Sell Income Annuities Direct

Abaris Financial, founded in 2014 to market SPIAs, DIAs and QLACs online, has rebooted itself as Blueprint Income. It hopes to sell single-premium immediate and deferred annuities as well as multi-premium 'personal pensions.' ...
January 18, 2018

Spain’s Pension Outlook: Sunny with a Chance of Austerity

To study the Spanish retirement system, RIJ has temporarily relocated to Seville. We start with a look at the public pension system (a contributory, pay-as-you-go system like Social Security in the US).