Savings Pros Meet in City of Big Spenders

At the NAPA 401k Summit in Las Vegas this week, nearly 2,000 plan sponsor advisors et al worried about policy threats to their industry. At nearby slots and gaming tables, middle-class Americans fecklessly squandered their nest eggs.

The Alt-Asset Teams that Reinvent Annuity Companies

'Insurance Solutions' groups use private assets to boost the returns of life/annuity company investment portfolios. RIJ talks with Todd Fonner of Investcorp Insurance Solutions about this trend.

One Life Insurer’s Pivot to Private Assets

American Equity Investment Life’s ‘AEL 2.0’ strategy is designed to help it thrive even in a low yield environment. Allocating up to 40% of its money to ‘private assets’ is key to the fixed annuity specialist's plan.

NAIC Eyes ‘Bermuda Triangle’ Strategy

A document from the NAIC's Financial Stability Task Force reflects the concerns that the NAIC has heard from a variety of sources about the increased ownership of life insurers by private equity firms. (Image from NAIC document.)
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Fixed Annuities Outsold Variable in 2016: LIMRA SRI

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.

Getting Basic Income Right

'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.
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