By Editorial Staff
The final quarter of 2016 was a bloodbath. Fixed annuity sales fell 13% to $25.7 billion, after strong results in the first three quarters. Variable annuity sales totaled $25.3 billion, down 20% from the same quarter in 2015.
By Kemal Dervis
'The challenge now—for the developed economies, at least—is to develop stronger and more streamlined social‐solidarity systems, create room for more individual choice in the use of benefits, and make benefits portable,' writes our guest columnist, a vice president of the Brookings Institution.
By Kerry Pechter
The six academic papers cited here identify several points where, even when we don’t realize it, macroeconomics and personal finance intersect.
By Kerry Pechter
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.
By Editorial Staff
U.S. equity has been in positive-flow territory for four consecutive months, a feat not witnessed since late 2014, according to Morningstar's fund asset flow report for February.
By Editorial Staff
IRA investors can get a model portfolio of actively managed T. Rowe Price funds, digital services and access to a live phone rep. All costs are built into the expense ratios of the funds.
By Editorial Staff
“Debt, lack of a retirement plan at work, and low savings,” are the three main contributors to low retirement confidence, said Craig Copeland, EBRI senior research associate and co-author of the report.
By Editorial Staff
Oddly, 81% of the upper class, as defined by Pew Research, describe themselves as middle class, according to a survey by LIMRA and Maddock Douglas.
