Spock-o-nomics at the RIIA Meeting
At the spring meeting of the Retirement Income Industry Association, held at Morningstar Inc. in Chicago, concepts like "stocks for the long run" and "safe withdrawal rate" were out of favor.
The Empire Strikes Back
Lest they be drowned out by 401(k) critics, major DC plan providers have formed a new trade group, the DCIIA, chaired by PIMCO's Stacy Schaus. The group supports target-date collective trusts, deemed IRAs and lifetime income options.
Black Swan or Black Turkey?
The Great Recession is just the latest financial ‘black turkey,’ said the CFA Institute's Laurence B. Siegel at the Morningstar/Ibbotson conference in Orlando.
Which Way Out?
With the worst of the Crisis apparently over, Fed watchers are wondering about Chairman Bernanke's exit strategy from a low interest rate environment.
Featured
Floor It!
In the Arizona desert, Mike Zwecher had a vision that led to his new book on building outcome-oriented retirement portfolios.
News
Social Security Cash-Flow Turns Negative
Unemployment has forced many people to apply for benefits sooner than planned while also reducing payroll tax revenue. But the change won't affect benefits.
Fiduciary Standard Stripped From ‘Dodd Bill’
Broker-dealers and life insurance agents want the SEC to continue to regulate them using a standard of care based on suitability, not fiduciary duty.
Financial Execs Invited to Endorse ‘Fiduciary Statement’
"No man can serve two masters," said John Bogle, founder of The Vanguard Group and member of the Committee for the Fiduciary Standard.
Australians Want More Workplace Savings
After more than a decade of compulsory contributions, Australians have over AU$1.177 trillion in their state-sponsored defined contribution plan.
More Assets Moving From 401(k)s to IRAs
“We are definitely seeing an uptick in the number of 401(k) plan participants who choose to roll over plan assets," a Charles Schwab executive said.
Hartford Financial Prepares to Repay U.S. Treasury
Hartford Financial borrowed $3.4 billion in 2009 under the Treasury Department's Troubled Asset Relief Program.
Vandalism Follows Obama Health Bill Signing
On Wednesday, Democratic legislators had reportedly received death threats and been the victims of vandalism because they voted for the health care bill.
RIJ Receives a Tough-Love Letter
Garth Bernard and Cogent Research help resolve a question about the popularity of income products.
