A directory of 27 software tools accompanies this overview of the rapidly evolving financial planning technology industry.
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?
Israel has found that even a mandatory defined contribution system can’t resolve all of the behavioral, economic, or administrative issues that prevent low-income and minority workers from saving for retirement. (Photo: Mahane Yehuda market in Jerusalem.)
Pacific Index Choice now has an optional lifetime income benefit for 75 basis points and the Pacific Destinations VA comes in a new and cheaper share class.
The company reorganized itself into two basic divisions, an Insurance Group run by Chris Blunt and an Investments Group run by John Y. Kim. Kim will succeed Blunt as head of the Retirement Income Security (RIS) business.
Much of the year-to-date gain in U.S. stocks has occurred in overnight futures trading, said Trim Tabs executive vice president David Santschi.
Holding RMB is important for investors who have global aggregate portfolios or diversified global bond portfolios, said Jim McCaughan, CEO of Principal Global Investors.
Many advisor practices “offer some of the basic elements of financial planning, but focus their efforts nearly exclusively on asset accumulation strategies,” Cerulli said in a release.
Brief or late-breaking items from Milliman, the Insured Retirement Institute, the Financial Planning Association, the Association for Financial Counseling and Planning Education, Fidelity, Swiss Re, Putnam Investments, DTCC, the American Academy of Actuaries, the Society for Human Resource Management, and Ameriprise Financial.
In this video sponsored by Vanguard, Burton Malkiel, Princeton professor and author of "A Random Walk Down Wall Street," talks with RIJ editor Kerry Pechter about what "efficient market" means to him. The 10th edition of "A Random Walk" has just been published.
A British Lord, professor emeritus and biographer of John Maynard Keynes explains why government debt is a misused scare tactic.