Under Putnam’s Hood, A Fidelity Engine Roars

In the past year, Putnam Investments owner Great-West Lifeco has recruited (l-r) Fidelity veterans Robert L. Reynolds, Jeffrey R. Carney and Edmund F. Murphy III, among others, perhaps to capitalize on Obama's plan for universal retirement savings coverage.

A Look Back at (and Beyond) the ‘Stretch’ IRA

Under the new SECURE Act, most non-spouses must withdraw and pay taxes on inherited IRA assets within ten years instead of "stretching" the process over (possibly) decades. What will that mean for annuities, and how might advisers respond?

The SECURE Act Set To Pass (Finally)

'This is an early Christmas present,' said Melissa Kahn, managing director of the Defined Contribution team at State Street Global Advisors (SSgA), in an interview yesterday.

A Few of Our Best Income Strategies

For today’s issue of RIJ, we’ve retrieved several of our best income-planning articles from our archives. In each case, the adviser goes beyond the “safe withdrawal” method to design a customized, outcome-driven solution for the client.
Featured

Obama Calls for ‘Office of National Insurance’

While the administration's June 18 report, "Financial Regulatory Reform," did not offer the “optional federal charter” that large insurance companies support as an alternative to state-by-state regulation, it did not rule one out.

Target Date Funds: A QDIA That’s DOA?

Last week, federal officials tried to locate the blame for 2008 TDF losses: Was it marketing hype by TDF makers, a flawed concept, Americans' weak financial literacy, regulatory lapses, or merely the caprice of the markets?
News

A Look Back at (and Beyond) the ‘Stretch’ IRA

Under the new SECURE Act, most non-spouses must withdraw and pay taxes on inherited IRA assets within ten years instead of "stretching" the process over (possibly) decades. What will that mean for annuities, and how might advisers respond?

The SECURE Act Set To Pass (Finally)

'This is an early Christmas present,' said Melissa Kahn, managing director of the Defined Contribution team at State Street Global Advisors (SSgA), in an interview yesterday.

For Many, Bear Market May Delay Retirement

The decline in the value of their 401(k) accounts was cited by 76% of workers aged 50 to 64 as the most important reason they plan to postpone retirement.

CPAs Tell All About Their HNW Clients

A survey of top CPAs reveals that the wealthy are watching their pennies because of the recession. The survey also reveals the financial advice that accountants are giving their HNW clients.