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.
Unlike the DOL, the SEC doesn't need to score to win this game. It can afford to punt.
'Open multiple employer plans' are defined contribution plans that many unrelated small firms can join. Legislation to ease their formation is pending in Congress.
With interest rates expected to rise over the next two years, LIMRA SRI forecasts sales of fixed rate deferred annuities to increase by 15-20% in 2018 and by 20-25% in 2019.
The U.S. should slow the cost of Social Security by raising the age threshold for receiving full benefits to 70 from 67, recommends Harvard's deficit hawk.
The recent increase in market interest rates, plus the lapse of the DoL Fiduciary Rule, have raised expectations that VA sales will rise, however, according to Morningstar.
Athene in $19 billion reinsurance deal with Voya; Allianz Life survey finds interest in protection products; TIAA rebrands its banking units; Global Atlantic in $9 billion reinsurance deal.