This roundup of investment flow reports from Beacon Research, Strategic Insight, Morningstar and the Insured Retirement Institute suggests that investors are looking for shelter from an economic sandstorm in which visibility has declined to zero.
Micruity, a tech startup with a 30-year-old CEO, says it has the "middleware" that can integrate 401(k) plans and annuity issuers. Will the retirement industry listen?
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.
In her new book, 'The Deficit Myth,' Stephanie Kelton explains Modern Monetary Theory--and how we can afford a lot more as a nation than we think we can.
“Standalone products focused solely on income guarantees, life insurance or chronic care can be expensive or go unused,” Phoenix said in a release.
Differing signals from ratings agencies are feeding speculation about GM's huge pension risk transfer to Prudential Financial, and about the longevity and other risks associated with the unprecedented deal.
The new portfolios, along with the four original portfolios, are now available to all new and most existing variable annuity customers, regardless of the election of certain optional benefits.
Plans with less than 4% default contribution rates saw a 14% opt-out rate, vs. a 10% opt-out rate for plans with greater than 3% default contribution rates during the year ending March 31, 2012, the New York Life study showed.
Last week’s feature article in RIJ, "Prudential Files '2.0' Version of Highest Daily VA Rider," mistakenly described the fee structure as a new development. That fee structure, used in the “O” share of the contract, was created in 2011 for use by a specific broker dealer.
The ever-bearish Martin Hutchinson expects equities to represent a good value again... when Ben Bernanke is gone and after the Dow Jones Industrial Average settles to about 5,000.
During the transition to a bigger, better server, we experienced a service interruption over the weekend. It's just growing pains.