Brighthouse Financial's Shield structured annuity joins products from Allianz Life, Jackson National and Global Atlantic on the Envestnet Insurance Exchange, where annuity issuers hope to engage registered investment advisors. An interview with Envestnet president Bill Crager is included. (Photo: A cargo-cult space ship.)
'Costs matter,' he was famous for saying. I think people, and a quaint desire to help make the world a more honest and prosperous place, mattered to him more.
Fewer than half of working New Yorkers have access to a retirement savings plan at work and 40% of New Yorkers ages 50 to 64 have saved less than $10,000 for retirement, New York mayor Bill de Blasio said.
RetireUp’s algorithms were chosen to power Jackson National’s wizard after RetireUp participated in a Jackson “Hothouse competition,” a “creative problem-solving methodology” that encourages teamwork, innovation and agility.
iPipeline processes 240,000 annuity transactions in 2018; Duke University settles 'excessive fee' lawsuit; Oceanwide-Genworth merger moves ahead.