No Quick End to Fiduciary Rule Story

The DOL wants your comments again. It wants to know how much companies have spent on adapting to the rule, and whether it would be cheaper to abandon the sunk costs. Or maybe it's all a charade, leading to a preordained decision.

Research Roundup

Almost every controversial subject in the US today--from Fed policy to machine learning to immigration--contains an element or theme related to retirement policy. The articles reviewed in this month's Research Roundup are proof of that.

‘iTDFs’ Smooth the Bumps of Retirement Income

A former chief actuary of Denmark seeks a US target date fund company that might use his technology, the 'iTDF,' to create a seamless transition from pre-retirement savings to safe income during the first 20 years of retirement.

A Revolt Against PE-Led Annuity Issuers

Matt Zagula is an annuity wholesaler and fixed indexed annuity (FIA) designer. He and forensic accountant Tom Gober created the TSR ratio, a scale for rating FIA issuers. Mutual and fraternal insurers score best; private equity-led life insurers score worst.
Featured

Fee-Based FIAs Are Customer-Friendly. But Will They Sell?

'While the education process is taking longer than we’d like, the bucket of money is so large that it’s worthwhile,' said Joe Maringer, national sales vice president at Great American, speaking about his firm's no-commission fixed indexed annuity.

Anecdotal Evidence: A.I. Is Coming

New reports from PwC, DST kasina, and Deloitte all herald a world of 'Robotics Process Automation' that will probably feature many more chatbots and many fewer phone reps or advisors.
News

No Quick End to Fiduciary Rule Story

The DOL wants your comments again. It wants to know how much companies have spent on adapting to the rule, and whether it would be cheaper to abandon the sunk costs. Or maybe it's all a charade, leading to a preordained decision.

Insured Retirement Institute announces its lobbying goals for 2017

The IRI called for Congress not to allow state and local governments to set up auto-IRA plans for businesses without retirement plans, urged the removal of barriers to multiple employer retirement plans for small firms, portability of annuities in retirement plans, and other policy changes.

‘Money isn’t everything’

Of those surveyed by Havas Worldwide, about half want their financial life 'bundled within a single organization' and over half of early tech adopters "want to pay for everything with smartphones" and 'use biometric technologies for payments.'

Two long-term care issuers in PA to be liquidated

'Pricing deficiencies and resulting financial losses have resulted in many long-term care insurers seeking large premium rate increases and some leaving the market,' the Pennsylvania insurance commissioner said.