CalPERS Gives Rating Agencies an FFF

In a new lawsuit, California's state pension fund blames the 'issuer pay system' at the top three rating agencies for part of its investment losses last year.

Why Indexed Annuity Sales Are So Strong

Many factors are driving the increase in indexed annuity sales: More manufacturers, better products, more distributors, competitive commissions, aging boomers, and relaxed regulation. But does the bubble contain the seeds of its own deflation?

Lessons from a Living (DC) Experiment

Israel has found that even a mandatory defined contribution system can’t resolve all of the behavioral, economic, or administrative issues that prevent low-income and minority workers from saving for retirement. (Photo: Mahane Yehuda market in Jerusalem.)

What Advisors Want from Annuity Issuers

This week, RIJ received a press copy of “What Advisors Want from Annuity and Insurer Providers-2019,” a study by Practical Perspectives, a Boxford, MA-based financial services market research firm.
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Martin Weiss on the CalPERS Suit

There have been 'egregious manipulations and conflicts of interest that go beyond what is generally known,' Weiss told RIJ.
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Insecurity Grows Among Retirees

LIMRA's survey shows an increase in the numbers of retirees who feel they need a personal financial advisor.

Crisis Investigators Appointed

Brooksley Born, who warned about the impending crisis while head of the Commodities Futures Trading Commission, is among the sleuths.