"By making the final years of life (should they occur) the insurance company’s problem, makes retirement investing feel more manageable,” write Laurence Siegel and Barton Waring in the Financial Analysts Journal.
Boston College, DCIIA and Morningstar provide new research on Britain's 'NEST' experience with auto-enrollment, custom TDFs and why replacing bad 401k investment options is a good idea.
At the LIMRA-Society of Actuaries Retirement Industry Conference in Baltimore last week, Scott Stolz from Raymond James, Greg Jaeck from Edward Jones and Jarrod Fisher from Simplicity Financial Distributors delivered frank opinions about annuities and annuity issuers.
Many factors are driving the increase in indexed annuity sales: More manufacturers, better products, more distributors, competitive commissions, aging boomers, and relaxed regulation. But does the bubble contain the seeds of its own deflation?
In this review of "Falling Short," the new book about America's retirement crisis from the Center for Retirement Research at Boston College, labor economist Teresa Ghilarducci disagrees with the authors' main prescription: working longer and retiring later.
A professor at The American College rebuts last week's RIJ critique of the National Association of Fixed Annuities' letter to the Treasury Dept. The letter asked that qualified indexed annuities, like qualified deferred income annuities, receive relief from required distributions at age 70 1/2.
Long after the financial crisis brought serious ethical lapses at ratings agencies to light, S&P Ratings evidently continued to violate SEC regulations.