Club Vita: Where Levity Meets Longevity Risk

The cartoon characters in hazmat suits on Club Vita's website handle "toxic waste." It's a metaphor for the actuarial consultancy's real service: helping the remaining DB plans in the UK deal with longevity risk.

Wells Fargo’s New Annuity Wagon

Wells Fargo Asset Management's new target-date series of CITs comes with a built-in, optional retirement income strategy: systematic withdrawals plus an annuity starting at age 85.
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Of Ponies, Manure Piles, and Annuities

An article about deferred income annuities in last Saturday's New York Times looked at DIAs through the "investment frame" rather than the "insurance frame." That's the wrong way to evaluate annuities.

The Interest Rate Enigma

"The accumulation of debt and the distortions in production and investment patterns induced by persistently low interest rates hinder the return of those rates to more normal levels," write these officials of the Bank of International Settlements and the Bank of Thailand.
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