'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.
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
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.
'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
'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.