Catching up with the 'application programming interface' technology train is essential for annuity issuers. APIs integrate annuities into advisor platforms, reduce NIGO applications, and give clients a fluid online experience.
Like every decorative pot of plants, every retirement income plan needs a 'thriller, a spiller and a filler.' We also deconstruct this week's Mueller hearings.
The new report, which complements Vanguard's recent 'How America Saves 2019' report on retirement savings in large retirement plans, documents savings patterns among workers in smaller plans.
According to a CBO estimate, HR397 calls for loans and grants to insolvent or troubled multiemployer pensions totaling almost $49 billion between 2019 and 2024 and almost $68 billion over the subsequent decade.
'It is no secret that Trump regards the stock market’s performance as an indicator of his own performance. But it has been surprising to see the Fed join the rate-cutting bandwagon,' writes the Harvard economics professor.
The updated service involves a set of educational modules called MyBlocks, which plug into MoneyGuidePro. Advisors could employ it as the 'robo' part of a hybrid digital/human advisory model.
DPL Financial Partners, Lighthouse Life offer life settlements to RIAs; Jackson enhances variable annuity benefits, adds Fidelity as money manager; ACLI rebuts Wall Street Journal editorial on SECURE Act; Scott Boyd joins Principal Financial; Presidential candidate Buttigieg proposes raising FICA limit to $250,000 to support Social Security funding.