PrARI, the retirement product allocation calculator that Cannex recently acquired with its purchase of the Qwema Group, shows advisers how to maximize retirement income (or legacy) using a blend of mutual funds, variable annuities and income annuities.
Boston College, DCIIA and Morningstar provide new research on Britain's 'NEST' experience with auto-enrollment, custom TDFs and why replacing bad 401k investment options is a good idea.
At the LIMRA-Society of Actuaries Retirement Industry Conference in Baltimore last week, Scott Stolz from Raymond James, Greg Jaeck from Edward Jones and Jarrod Fisher from Simplicity Financial Distributors delivered frank opinions about annuities and annuity issuers.
Many factors are driving the increase in indexed annuity sales: More manufacturers, better products, more distributors, competitive commissions, aging boomers, and relaxed regulation. But does the bubble contain the seeds of its own deflation?
The UK's retirement system is a work in progress. With private DB plans expected to vanish in 2016, the government is promoting Danish-style DB/DC hybrids (not US.-style DC) as their replacements. The reaction has been mixed.
In 2010, Voya Financial stopped actively writing new retail variable annuity products with substantial guarantee features and separated its closed block of VA business from its ongoing businesses, according to a release.
“Retirement is a significant lifestyle change and it may take many individuals extra time to come to a decision, especially if a spouse is still working," write the authors of a new research report from Cerulli Associates.