Everybody into the Pool?
If pending legislation passes, retirement service providers could begin to sponsor 401(k) plans. Asset managers are especially keen on these ‘pooled employer plans’ or ‘open MEPS.’
Guest column
The Rising Tide of Corporate Debt
Like individuals and governments, non-financial corporations world-wide are swimming in debt. But our guest columnist, from the McKinley Global Institute, isn't worried.
Americans have $100 trillion in wealth and $15.7 trillion in debt
Credit card balances represented about 6.6% of disposable income in the first quarter, down from almost 9% a decade ago.
Annuities for RIAs
Global Atlantic annuities to be available on Envestment platform
Global Atlantic’s fixed-rate and fixed index annuities will be available to Envestnet users at banks, broker-dealers, independent insurance agencies and RIAs.
Anecdotal Evidence
JENGA as a Financial Metaphor
Playing JENGA and watching the interest rate yield curve flatten involve similar degrees of suspense.
Demographics
Over half of today’s retirees have pensions
In May, the Federal Reserve published a Report on Economic Well-Being of U.S. Households in 2017. We offer a summary and a link to the document.
Briefs
Honorable Mention
Late-breaking items from OneAmerica, Principal Financial, Northwestern Mutual, Lincoln Financial, and Orion Advisor Services.
COVER STORIES YOU MAY HAVE MISSED
June 21, 2018
Adding a ‘Retirement Tier’ to 401(k)s
Drew Carrington, who markets Franklin Templeton funds through jumbo 401(k) plans, believes that plans should include a “retirement tier” reserved for participants who are nearing retirement. His payout funds would fit nicely into that...
June 14, 2018
‘Show Me the Income’
The focus was on mutual funds and ETFs at Morningstar's 30th Investor Conference this week in Chicago, but retirement financing and the 'best interest' proposal were also discussed. (Photo: Nobel Prize-winner Daniel Kahneman and...
June 7, 2018
An Income Strategy for ‘M.T. Knestors’
We gave WealthConductor LLC a real retirement income case to solve. Here's the 'bucketing' plan their IncomeConductor software created for a couple with $663,000.
