Tontine Savings Accounts
'While mimicking the high payouts of an actuarially fair variable life annuity, TSAs would cost significantly less than commercial life annuities,' write Forman and Fullmer.
Anecdotal Evidence
Why Is Income Planning So Hard?
Everyone says retirement income planning is harder than 'accumulation' planning--for advisers as well as their clients. If so, what makes it that way?
New Products, Updates
Fresh from Midland National and DPL, AllianzIM
Midland National's new fee-based FIA, only at DPL Financial Partners, has a health-related income multiplier. Allianz Investment Management's structured ETFs have new caps.
Should Nursing Homes Be Closed?
'The COVID-19 crisis is accelerating many business trends. The time may be now when senior living operators need to decide whether it is wise to continue,' writes our guest columnist, a retired actuary and resident of a continuing care residential community.
Mergers & Acquisitions
In robo deal, Empower pays $1 billion for Personal Capital
'There’s a scarcity of pure-play platforms that can drive this technology. That’s one reason why Empower made this acquisition,' Personal Capital co-founder Rob Foregger told RIJ.
COVER STORIES YOU MAY HAVE MISSED
June 25, 2020
Better than Throwing Darts
'We have all these insurance agents selling billions of dollars of fixed indexed annuities. But they have few clues about how the crediting rates have performed,'' says Kent Jacquay. With his Indexalyzer software, he...
June 18, 2020
A New Kind of Income Annuity
Achaean Financial and Ash Brokerage, a large Fort Wayne, Ind., BGA, are partnering on a potential retirement game-changer: Achaean's immediate indexed income annuity, couched in Ash's JourneyGuide planning software. The underwriter has yet to...
June 11, 2020
These Hedges (Probably) Won’t Clip You
Listen to an actuary who put $50k into a five-year indexed variable annuity four years ago as an alternative to CDs. We explain how IVAs are priced, and we tell you how his investment...
