You May Live in Interesting Times
Interest rate risk keeps us all in suspense. Here’s how executives at Vanguard, New York Life, Delta Global Advisors, Prudential Annuities, and Loomis, Sayles cope with the uncertainty.
Who’s Winning the Rollover War?
IRAs now hold more money than employer-sponsored retirement plans, and the big beneficiaries are Fidelity, Vanguard and Charles Schwab, says a report from Cogent Research.
From an IVA, New Blood for Insurers
Life insurers, advisors and consumers should embrace his immediate variable annuity (IVA) with a refund option and a death benefit, says Achaean Financial CEO Lorry Stensrud.
Mad About 401(k) Annuities
Part I: ‘Keep Your Hands Off My 401(k).’ Based on their recent e-mails to the Labor Department's RFI, some Americans think Uncle Sam wants to confiscate private savings.
Featured
A Jolly View of Financial Folly
"Retirementology," a new book by Jackson National Life executive Greg Salsbury, Ph.D., approaches the serious topic of retirement planning in a mordantly funny way.
Short Life Expectancy for U.K.’s Annuity ‘Mandate’
Britain’s new ‘Lib-Con’ coalition aims to stop forcing retirees to annuitize their savings. It could be a step toward U.S./U.K. policy convergence.
News
New York Life Tops 1Q Fixed Annuity Sales: Beacon Research
Allianz Life moved to second from third place on the strength of its top-selling MasterDex X indexed annuity. Aviva USA jumped two notches to come in third.
Dual Fiduciary Standard Headed for Vote By July 4
"Clients receiving investment advice don't distinguish between broker-dealers and investment advisors and neither should the law,” a Treasury official said.
Retirement Planners Like American Funds, Franklin Templeton, and Blackrock/iShares, Survey Shows
“There continues to be little consensus in the best way to create retirement income streams or manage portfolios,” said Howard Schneider, president of Practical Perspectives, the report co-author.
Faith in Financial Reform Fragile: St. Louis Fed President
“There are clear limits to what U.S. regulatory reform is likely to accomplish. Important problems will remain unresolved," said James Bullard, president of the Federal Reserve Bank of St. Louis.
To Protect Pension Funds, Mix Lump Sum with Annuity: Hewitt
The United Kingdom, Germany, Belgium and Switzerland already offer their participants the option of a one-off payment as part of their pension rights at the retirement date.
Annuity Issuers Slowly Enter The Digital Age
Annuity issuers are making a concerted effort to implement and promote paperless document delivery services.
A Jolly View of Financial Folly
"Retirementology," a new book by Jackson National Life executive Greg Salsbury, Ph.D., approaches the serious topic of retirement planning in a mordantly funny way.
