Surrender to Lapse Risk? Not These Insurers

Over-estimates of variable annuity lapse rates have cost life insurers billions. A group of VA issuers is now working with actuaries at Ruark Consulting to predict those rates more accurately.

The Sacrificial Payroll Tax

Idle talk about suspending the payroll tax is making 'blue' Senators blue. We get answers from Social Security expert Eugene Steuerle of the Urban Institute.

An Income-Generating ‘Collar’

Using a 'protective net-credit collar,' the Nationwide Risk-Managed Income ETF has distributed monthly income at an annual rate of 7.88% in 2020, while appreciating 10%. Is there a catch?

Life Insurers’ Bermuda Triangle, Part II

The humble fixed indexed annuity is at the center of the restructuring hurricane that has swept through the life insurance industry in recent years. We bring you the second article in a series on the topic.

PwC to Wealth Managers: Go Digital or Drown

'Digital has the potential to completely transform every stage of the wealth management journey, from how existing clients are advised and serviced to how prospective clients are identified and marketed to,' says PriceWaterhouseCooper in a new whitepaper.

Brexit: A Long Goodbye, Not a Clean Break

Britain's unemployment rate was low in the run-up to its referendum on EU membership, and the UK needs its 2.1 million European workers, writes The Conference Board's senior economist for Europe.

‘Live to 100? We can’t afford it’: Allianz Life survey

"The Gift of Time" survey found that almost half (49%) of respondents were open to a non-traditional lifestyle that was unique to their interests, instead of taking a traditional sequence of school, work, marriage, parenthood and retirement).

‘Live to 100? We can’t afford it’: Allianz Life survey

When asked what stopped them from living a less conventional life, 46% blamed 'worries about money,' 33% said 'life events' got in the way, and 22% cited 'lack of a clear plan for how to go about it' or 'fear of failure,' according to Allianz Life's recent survey.

Pace of stock buybacks slows: TrimTabs

Buyback announcements by U.S. companies have totaled $291.7 billion this year, or 32% lower than the $432.0 billion in the same period last year.

Honorable Mention

Brief or late-breaking items from Pacific Life, Genworth, MetLife, LPL, BlackRock, Fidelity, Prudential (2) and Advicent.