New Kids on the Blocks

What happens when Wall Street dealmakers who are in business to make a killing enter the life insurance industry, where people are traditionally in business to make a living?

Three Annuity Cures for Sequence Risk

New York Life and Fidelity have introduced a variable annuity with principal-protection over 10 years. Similar protection could be obtained with an indexed annuity or with a combination of a fixed rate annuity and an S&P500 index fund.

How Debt Affects Retirement

“Remaking Retirement? Debt in an Aging Economy," was the theme of the 65th annual symposium of the Wharton School's Pension Research Council, held last week in Philadelphia. (Photo: Kitchen and retirement makeovers sometimes occur in tandem.)
Anecdotal Evidence

It’s No Joke: The Fed’s Comic Book is Wrong

The educational comic book from the New York Fed means well but perpetuates the myth that money was created in the private sector to facilitate barter and enabled commerce to flourish. History shows otherwise.
Featured
Anecdotal Evidence

The Fiscal Cliff Has Been Avoided, But at What Cost?

Taxes will go up in 2013 relative to 2012—not only on high-income households, as widely discussed, but also on every working man and woman in the country, via the end of the payroll tax cut, says this Brookings Institution expert.
Anecdotal Evidence

Private Equity Confidential

What are insurance people saying privately about private equity’s invasion of the life industry? Five people who are close to the recent acquisitions spoke to RIJ on the condition of anonymity.
News
Anecdotal Evidence

OMAM divests five affiliates

The five affiliate asset managers are 2100 Xenon Group, 300 North Capital, Analytic Investors, Ashfield Capital Partners and Larch Lane Advisors.
Anecdotal Evidence

Japanese firms withdrawing from occupational pension funds

The firms complain of large annual premium debt, and worry that their earnings and finances could be adversely affected by the maturation of the funds in the future or by poor portfolio performance.