How do Costa Ricans pay for retirement? In San Jose, Alvaro Ramos Chaves (above), the pensions regulator, told RIJ how his nation’s mandatory DB and DC plans work. His insights could inform our own debates.
The next wave of automation in retirement plans will be chatbots--intelligent virtual assistants that both teach and learn from participants. Dream Forward, a startup led by Grant Easterbrook, is seizing the opportunity.
Six months after reaching age 64, Americans are showered with Medicare supplement pitches. While the path of least resistance leads to a Medicare Advantage plan, a Medigap plan might be better. Here's how to find a good one.
At the Employee Benefit Research Institute's policy forum in D.C. last week, retirement policy experts were not cheerful about the coming inauguration, and some feared that retirement security will take a back seat to tax cuts in the new year.
“The sales outlook for 2017 is too soon to tell, given . We are confident that there is a market need for this structure in planning for retirement income,” Transamerica SVP Joe Boan told RIJ.
The smartest companies contribute 10% of pay to each employee's retirement account--not as a bonus but as a carve-out of compensation. This policy is the most effective way to help workers save enough for retirement.
'Transamerica has built the Variable Annuity I-Share (and all of our products) with an intent to be fully compliant with existing regulations and the coming DOL fiduciary regulations,' wrote Transamerica SVP Joe Boan.
Investments will range from $500,000 to $3 million. The insurer will focus on"digitizing internal capabilities" rather so-called robo-advice per se.
'We would expect under two percent growth in North America, with larger single-digit growth in the developing world,' said Tom Scales, research director, Celent and a contributor to the LOMA Forecast.
Disruption from financial technology, or fintech, companies in the industry likely will drive strategically focused M&A activity, A.M. Best predicted.