RIJ’s Annual Variable Annuity Review

Every July, RIJ assesses the VA market. This year, we look at the “investment only” or “IO” VA, the structured VA, and the VAs with novel income options. All address the public’s need for growth and safety without costing a lot or threatening to backfire on the issuer.

Beware the ‘Specialized’ ETFs

In this month's Research Roundup, RIJ shares four recent academic papers on the proliferation of ETFs, the danger (or not) of national debt, rational inflation expectations, and the impact of recent changes in RMD rules.

Jackson National Puts Its Future in Veteran Hands

Laura Prieskorn (left) and Marcia Wadsten are the new CEO and CFO of Jackson National Life. The leading seller of variable annuities in the US is in the process of demerging from its long-time British owner, Prudential plc.

Which ‘Dependency Ratio’ Should We Use?

Economists typically use the 'aged dependency ratio' to show the burden of the Social Security program on workers. But the 'total dependency ratio' might be more informative. (Photo by Johann Walter Bantz.)
Featured

Time for Fed to Take ‘Beer Goggles’ Off

“Early next year, or potentially sooner depending on the pace of economic improvement, the FOMC may well begin to raise interest rates in gradual increments,” said the CEO of the Dallas Fed in a speech this week.

My Dad’s Reverse Mortgage, Part II

I was staring into the smirking face of Moral Hazard itself. The stain of it was smeared on me too, because I was wishfully thinking that the condo might not involve me after all.
News

Quote of the Week

"At some point you cross the line from reviving markets to becoming the bellows fanning the flames of the “Booming and Bubbling”... I believe we have crossed that line. I believe we need an adjustment to the stance of monetary policy" -- Richard K. Fisher, CEO, Dallas Fed.