A Smarter Form of SWiP

Financial advisor Larry Frank Sr. of Rocklin, Calif., a small town in the arid foothills of the Sierra Nevadas, has fine-tuned the classic 4% "SWiP" approach to drawing down retirement income.

A Closer Look at CLOs (and Other U.S. Credit)

Bond mavens, check this out. A new SEC report describes how most of the $54-trillion dollar U.S. credit market survived last spring's financial crisis. It covers securitized 'leveraged loans,' which provide high-octane fuel for fixed indexed annuity issuers.

She’s Got Advice for Life Insurers

'Insurers can't remain wedded to product sales, which are becoming commoditized in a future that trends toward financial advice,' says industry veteran Michelle Richter, who just launched Fiduciary Insurance Services, LLC.

Searching for Yield? Here’s Where to Look

Bond gurus Anne Mathias of Vanguard and Rick Rieder of BlackRock spoke at the Morningstar Investment Conference last week. Emerging markets, real estate debt, and asset-backed securities are potential sources of yield, as are dividend-paying stocks, they said.
Featured

New Treasury Official Outlines Plans for Retirement Overhaul

J. Mark Iwry spoke to a National Press Foundation group about the Automatic IRA, the Saver's Credit and the R-Bond, which he hopes will work in unison to bring employer-based retirement plans to workers who currently don't have them.

The Longevity Opportunity

Is calling longevity a "risk" the best way to connect with our clients and prospects on this critical and often sensitive issue?, asks the chief operating officer of the Retirement Income Industry Association.
News

Top 15-year Fixed Annuity Rate Falls Slightly

Beacon Research has released the names of the top-yielding certificate-type fixed annuities, as of June 15, 2009. The effective yield of Protective Life's 15-year ProSaver Platinum fell to 5.25% from 5.45% over the prior two weeks.