Wedding Bells for TIPS and ALDA

Together, PIMCO's TIPS-based managed payout funds and MetLife's longevity insurance mitigate two big retirement risks: inflation risk and the risk of outliving one’s savings.

Time to Put Benjamins Back in the Sock Drawer?

At the LIMRA annual conference in Boston earlier this week, MIT economist James Poterba described how low interest rates make saving for retirement more of a challenge.

Pitching Income Annuities on Greed

Speakers Wade Pfau and Curtis Cloke showed planners at the Financial Planning Association's 2019 conference in Minneapolis that income annuities can provide growth as well as protection.

Research Roundup

Recent research offers new insights into financial decision-making, the decision to work after retirement, and reveals surprising links between aging and interest rates, the rise of the service economy, and the 'shadow banking' phenomenon.
Featured

Government-Sponsored Annuity Proposed

Investing in Treasury bonds to fund a retirement annuity would make individual Americans and the nation more financially secure, claim academics Terrance Odean (above) and Henry T.C. Hu.

Pension Debate Roils Japan

In January, the ruling party suggested that the public pension should be funded with payroll deductions, and that there should be a taxpayer-funded guaranteed minimum benefit of ¥70,000 ($860) per month for the poor.
News

Phoenix in FIA sales pact with eight IMOs

The wholesaling unit of Phoenix is developing a retirement planning program that provides formats for group and individual discussions between producers and clients.

Origins of ‘Obamacare’ Revealed

The concept of the individual health insurance mandate originated in 1989 at the conservative Heritage Foundation, according to the website Procon.org.