New York Life Introduces ‘Lifetime Wealth Strategies’

The big mutual insurer plans to offer its managed account program, incubated last year among career agents, to third-party registered reps, says Michael Gordon, first vice president in the firm's U.S. life insurance and agency business.

‘Dull’ Investments Shine in a Crisis

Three retirement experts talk about boring products that you might wish you owned right now: I-Bonds, cash value life insurance and annuities.

Turn 401(k)s into Bond Ladders

Franklin Templeton SVP Drew Carrington says his firm's Defined Maturity Funds, which work like bond ladders, could provide retirement income for 401(k) participants, and could be paired with qualified longevity annuity contracts.

An Actuary Assesses COVID-19

A mortality and longevity expert at Willis Towers Watson writes that 'the variability of the mortality impact by age makes the impact highly variable by type of insurer.'
Featured

The Visible Hand Behind the Crisis

Viral Acharya and colleagues at NYU's Stern School of Business say the economy was pushed off a cliff by bankers skirting reserve requirements.

Obama Is All Ears About Annuities

But there's no clear indication that Washington understands the nuances that make annuity decisions so complex and problematic.
News

Getting Rich Used to Be Easier, 70% Say

“Many Americans aren't necessarily buying into the country's long-held belief that anyone with a dream can strike it rich,” said the editor of Bankrate.com.