For Prudential Financial’s 30-second Super Bowl ad, its agency built a scoreboard-sized wall in a park in Austin, Texas and recruited hundreds of random Texans to post pie-sized blue stickers on it.
We summarize four recent papers: 'Portfolios for Long-Term Investors,' 'What is the Value of Annuities?,' 'Public Economics and Inequality: Uncovering Our Social Nature,' and 'Financial and Total Wealth Inequality with Low Interest Rates.'
How will variable annuity contract owners use their income benefits? That question is vital to annuity issuers and to fiduciary advisers with clients who own VAs. This Texas Dep't of Insurance actuary knows a product that can help them find out.
Bloomberg reported this week that Prudential is considering selling its retirement plan recordkeeping business. Prudential didn't confirm the report, but several industry insiders did. Low interest rates, high costs of IT makeovers, and sticky stable value fund guarantees are driving the move, RIJ was told.
Braver’s Tactical Balanced, Tactical Core Bond, Tactical Opportunity and Tactical Sector Rotation portfolios use quantitative algorithms applied to asset class price movement to identify trends in numerous asset classes and the broad market.
Allianz 222 Annuity is the third fixed indexed annuity offered through the Allianz Preferred platform, joining the previously issued 360 and 365i contracts.
The brainchild of law professor John C. Coffee Jr., the director of the law school’s Center on Corporate Governance, the blog will be a forum for debate over the effectiveness of SEC enforcement in the aftermath of the 2008 financial crisis.
Known until 2008 at the National Association of Variable Annuities, the IRI has more than 500 members, including insurers, broker-dealers and distributors, asset managers, solution providers, and financial advisors.
"As might be expected, the lack of guidance on how to deal with this inconsistency has caused a great deal of consternation," said ASPPA counsel Craig Hoffman in an open letter to the DoL and IRS.
Retirement Income Illustrator is designed to present retirement spending requirements and distribution alternatives in the context of withdrawal risk, longevity risk, survivor needs and healthcare risks, Fiserv said.
The guide explains the Employee Retirement Income Security Act (ERISA) fiduciary rules and standards that may apply when advisors deliver investment advice to retirement plan clients.