The New ‘Big O’?
The revelation of a novel share class of variable annuities--its working title is "O" shares--was perhaps the most interesting piece of news that emerged from the IRI Marketing conference in Washington, D.C., last week.
A New Cylinder for Financial Engines
Income+, a process-driven, product-neutral income program for 401(k) managed account clients, could alter the competitive landscape of the retirement industry.
A Death in the Family, Part II
Forget "death panels." Loving, decisive words from a doctor helped this dying pianist decide to let go of her life. The conclusion of a two-part story.
A Death in the Family, Part I
For the very old and their families, preservation of life often competes with preservation of finances. Here's how one California family coped with an elderly mother's death. (The first of two parts.)
Featured
Video: How John Hancock Simplifies Annuities
Tom Mullen, vice president of marketing, John Hancock Annuities, explains that his firm's simple VA contract fell flat, but that other efforts at simplification have worked. Recorded at IRI Marketing Conference.
Video: How Edward Jones Simplifies Annuities
Tim Burke, principal, Insurance Solutions, at Edward Jones, explains how switching exclusively to a new "O" share VA contract will make the annuity sale easier. Recorded at IRI Marketing Conference.
News
What the ‘Lifetime Income Disclosure Act’ may mean for you
The bill would require benefit statements to include the annuity equivalent of an employee’s benefit, while providing a "clear path to avoid liability."
Morningstar introduces ETF analysis tool
The new tool will measure tracking error, estimated holding cost, market impact cost, and portfolio concentration.
Furor in Netherlands over cause of pension losses
A Dutch TV program accuses the country's pension fund managers of over-weighting equities for the past two decades.
December hedge fund inflow “bullish”: TrimTabs
“While the S&P 500 still sits about 8% south of its year-end 2007 level, our Hedge Fund Index is up about 8%," said Vincent Deluard of TrimTabs.
Big gender discrepancy in UK savings
British women have a median balance of just £9,100 ($14,620) in their defined contribution “pension pots,” while men have a median balance of £52,800 ($84,820).
