By Mohamed A. El-Erian
'Central banks do not have the tools to deliver rapid, sustainable, and inclusive growth on their own. The best they can do is extend the bridge; it is up to other economic policymakers to provide an anchoring destination,' writes the former PIMCO executive.
By Kerry Pechter
"There is only one opportunity to make a good first impression and they may have blown it," one observer said about a letter from the National Association of Fixed Annuities to the Treasury Dept., requesting Qualified Longevity Annuity Contract status for indexed annuities.
By Editorial Staff
MetLife has long argued that the SIFI restrictions are designed for banks, and not insurance companies, because their risks are fundamentally different from banks, and because insurers are already tightly regulated by the individual states.
By Kerry Pechter
Private-sector employers in Illinois with 25 or more full-time employees have to offer access to a retirement plan by June 1, 2017 or face penalties. Illinois state senator Daniel Biss, above, co-sponsored the Secure Choice Savings Program Act.
By Editorial Staff
In its research, GAO reviewed policies regarding forced transfers of inactive accounts in six countries policies in six countries, including the U.K., Australia, Switzerland, the Netherlands, Denmark and Belgium.
By Editorial Staff
The transaction marks Prudential Retirement’s fifth longevity reinsurance deal since 2011 with Rothesay Life and the second in the past six months, according to a release.
