ING U.S. Retirement will combine its own target date funds with the AllianceBernstein three-insurer annuity platform to offer a lifetime income option to its 52,000 small and mid-sized plans.
Wells Fargo Asset Management's new target-date series of CITs comes with a built-in, optional retirement income strategy: systematic withdrawals plus an annuity starting at age 85.
In her new book, 'The Deficit Myth,' Stephanie Kelton explains Modern Monetary Theory--and how we can afford a lot more as a nation than we think we can.
The deal, part of a trend in private-equity acquisitions of life/annuity properties that began a decade ago, makes KKR about one-third larger. The trend tailwind: low rates.
After a credit boom and bust, we face a long period of spending less and saving more, writes the well-known author and NYU Stern School professor.
Bond funds saw net inflows of $116 billion during 2011, while equity funds saw net outflows of $51 billion for the year, according to Strategic Insight.
But 65% just want to be left alone by the government to enjoy the wealth they’ve earned, an annual PNC survey shows.
Although their headcount is down and their images are tarnished, wirehouses remain the kings of investment distribution, according to a report from Cerulli Associates.
More than half of all investors surveyed said they expect to be in a better position financially two years from now compared with today.
Brief or late-breaking news from Jefferson National, Lincoln Financial, and F-Squared Investments.
The gulf between the reality of wealth distribution in America and our ideal wealth distribution is what the “one-percent” controversy is really about.