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 Best of Recent Economic Research

The six academic papers cited here identify several points where, even when we don’t realize it, macroeconomics and personal finance intersect.

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.
Featured

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.

The Best of Recent Economic Research

The six academic papers cited here identify several points where, even when we don’t realize it, macroeconomics and personal finance intersect.
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.