Investment, Pension, or Annuity? This Fund Is a Hybrid

Purpose Financial's Longevity Pension Fund, introduced in Canada last summer, is designed to provide sustainable income for life with liquidity of principal. Getting SEC approval for its sale as a mutual fund in the US could be a challenge.

Our retirement system needs work: Morningstar

The content and tone of Morningstar's new Retirement Plan Landscape Report, from a new Morningstar retirement research group, reflects the crisp, business-like approach that Morningstar's broad audience needs and demands.

How RIAs can stay ahead of the competition: Cerulli

Broker-dealers 'are impinging on what has historically been viewed as largely unique to the RIA channels—an independent, fee-based business centered on financial planning,' a new Cerulli Associates report says.
Anecdotal Evidence

‘I Can’t Believe This’

Ukraine had been touted as a cheap place for Americans to retire. That's one way to look at it. Of the ~11 million retirees in Ukraine (as of mid-2021), 65% received a pension below 3,000 hryvnia (€95, $105) per month.


February 23, 2022

A Policy Dynamo Touts ‘Dynamic Pensions’

Bonnie-Jeanne MacDonald, an actuary and retirement policy expert at Canada's National Institute on Aging, claims that a non-guaranteed lifetime income tool could generate more income than any annuities. Tontines, anyone?
February 17, 2022

RIAs, 401(k)s, and Annuities: Is This the Future?

Managed accounts are one way to build annuities into 401(k) plans. Morningstar is bundling Hueler Income Solutions into its managed accounts, giving participants an easy path to an income annuity purchase.
February 10, 2022

Origins of the ‘Bermuda Triangle’ Strategy

This month's Roundup includes research on regulatory arbitrage by US life insurers; how income and wealth affect longevity; the intersection of pensions, trade and immigration; using home equity to finance long-term care; the cost...