VA Net Flows ‘Grim’ in 4Q 2012: Morningstar

“A spike in outflows from group contracts and continued large outflows from companies that have exited the business were the major components of the precipitous drop," wrote Morningstar's Frank O'Connor in his quarterly sales report.

How Debt Affects Retirement

“Remaking Retirement? Debt in an Aging Economy," was the theme of the 65th annual symposium of the Wharton School's Pension Research Council, held last week in Philadelphia. (Photo: Kitchen and retirement makeovers sometimes occur in tandem.)
Anecdotal Evidence

It’s No Joke: The Fed’s Comic Book is Wrong

The educational comic book from the New York Fed means well but perpetuates the myth that money was created in the private sector to facilitate barter and enabled commerce to flourish. History shows otherwise.
Anecdotal Evidence

Annuities that Pay Cash Back Rewards

Gainbridge, a insur-tech startup, aims to sell fixed deferred and period certain income annuities online. Its sister company, Relay, uses annuities to fund cash back rewards cards. Both firms are part of Group1001 (formerly Delaware Life Holdings).
Featured
Anecdotal Evidence

Income-Generating Annuities Prospered in 2012

Investors are avoiding low-yield, accumulation-style fixed deferred annuities. Meanwhile, babyboomers seem to be flocking to fixed indexed annuities with rich living benefits or to deferred income annuities. Both provide guaranteed lifetime income streams.
Anecdotal Evidence

Buybacks are Buoying the Bull

Something other than fundamental value is driving the stock market, warns the chairman of TrimTabs Investment Research and portfolio manager of the TrimTabs Float Shrink ETF.
News
Anecdotal Evidence

Customers are people, British asset managers remind themselves

"Our client may be a pension fund, our client may be a life company, but at the end of that chain is a real person that is relying on us to do something that is very, very important to them,” said Daniel Godfrey of the Investment Management Association.
Anecdotal Evidence

Customers are people, British asset managers remind themselves

"Our client may be a pension fund, our client may be a life company, but at the end of that chain is a real person that is relying on us to do something that is very, very important to them,” said Daniel Godfrey of the Investment Management Association.
Anecdotal Evidence

The Bucket

Brief or late-breaking items from New York Life, Curian Capital and Genworth Financial.