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.

Thanks-givings (Not Misgivings) about Social Security

This year I'm claiming the Social Security benefits that I've earned on my own work record. I'm old enough now to be truly thankful for Social Security, whose future is precisely as certain, as fair, and as bountiful as we decide it will be.

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.
Featured

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.

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

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.

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.

The Bucket

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