An ambitious new book, The Decline of the Traditional Pension, captures the state of public, private, domestic and global pensions with scholarly rigor.
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.)
This week, RIJ received a press copy of “What Advisors Want from Annuity and Insurer Providers-2019,” a study by Practical Perspectives, a Boxford, MA-based financial services market research firm.
In his new book on the decline of defined benefit pensions, George "Sandy" Mackenzie also compares four non-insured retirement income strategies and chooses the best of a flawed lot.
Here are summaries of some of the newest work published by the Center for Retirement Research at Boston College.
California, Florida, New York and Texas will account for 35% of all the advisory firms switching over to state regulation, according to National Regulatory Services, a Connecticut consulting firm.
The agreements center on loans that Countrywide Financial, which was purchased by Bank of America in 2008, sold to the two agencies.
The bond, which is based on population data, would trigger in the event of a large divergence in the mortality improvements experienced between men aged between 75 and 85 in England & Wales and men aged 55-65 in the US.
By 2055, more than one in three Japanese will be over 65, as the working-age population falls by over a third to 52 million.