An ambitious new book, The Decline of the Traditional Pension, captures the state of public, private, domestic and global pensions with scholarly rigor.
In a recent paper, two Vanguard CFPs detail the merits of a hybrid between the ‘turtle’ and the ‘rabbit’ approaches to decumulation.
Letterman, look out. Retirement Income Journal offers its own list of the year's highlights in the retirement income industry (or in one person's small corner of it).
Perhaps the most pointed aspect of the bill, H.R. 6484, is its requirement that states use Treasury rates, which are historically low, to discount pension obligations and calculate funding requirements.
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.