By Editor Test
Only two life insurers—Transamerica Advisors Life and Great-West Life & Annuity—can be said to be actively marketing contingent deferred annuities, aka stand-alone living benefits. Phoenix is on the cusp.
By Editor Test
In Sweden, where 10-year rates fell to as low as 1.02% on June 6, the financial regulator has proposed a temporary floor on the discount used by pension insurance companies.
By Editor Test
“The Real Deal” report asserts that Americans aren’t saving enough for retirement. But the savings goals might be unrealistic.
By Editor Test
“The Real Deal” report asserts that Americans aren’t saving enough for retirement. But the savings goals might be unrealistic.
By Editor Test
“Many wealthy divorced women told us that they feel they are better with money and investments than their former husbands,” said George Walper, Jr., president of Spectrem Group.
By Editor Test
In June, the discount rate used to calculate pension liabilities fell to 4.32% from 4.56%, raising the PBO to $1.698 trillion at the end of the month. The overall asset value for these 100 pensions increased from $1.263 trillion to $1.283 trillion.
By Editor Test
"Money, no longer tied to gold or any other firm anchor, can be created instantly, in infinite quantities, on the technocrats' say-so. And so long as factories have spare capacity and unemployment keeps wages in check, there is unlikely to be any significant penalty from inflation"--Sebastian Mallaby, "Europe's Optional Catastrophe," Foreign Affairs, July/August 2012.
By Editorial Staff
Brief or late-breaking items from Jackson National, Guardian Life and BNY Mellon.
By Editor Test
Everyone seems to agree that business has been crazy-slow this summer, thanks to election year paralysis. A bonus feature: My theory on why our monetary system functions like a bathroom sink.
