New York Life Remixes the Variable Annuity

You've heard of New York Life's Guaranteed Future Income, where clients pay today for lifetime income several years from now. A new NYL product, Income Plus, also locks in future income, but lets policyholders put some money at risk during the waiting period, a recent prospectus shows.

The Alt-Asset Teams that Reinvent Annuity Companies

'Insurance Solutions' groups use private assets to boost the returns of life/annuity company investment portfolios. RIJ talks with Todd Fonner of Investcorp Insurance Solutions about this trend.

One Life Insurer’s Pivot to Private Assets

American Equity Investment Life’s ‘AEL 2.0’ strategy is designed to help it thrive even in a low yield environment. Allocating up to 40% of its money to ‘private assets’ is key to the fixed annuity specialist's plan.

NAIC Eyes ‘Bermuda Triangle’ Strategy

A document from the NAIC's Financial Stability Task Force reflects the concerns that the NAIC has heard from a variety of sources about the increased ownership of life insurers by private equity firms. (Image from NAIC document.)
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Harold Evensky at Wharton

Advisors in particular will be interesting in Harold Evensky's comments on retirement income planning during this 39-minute after-dinner talk and slide presentation at the Pension Research Council's meeting in Philadelphia last May.
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