Profits, Politics and the Ruin of Fannie & Freddie

Here is the first of three excerpts from "Guaranteed to Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance," the compact, illuminating new book by four NYU Stern School of Business professors about the fatally flawed structure of the GSEs.

Annuities Aim for Spot in ‘Starting Lineup’

Annuity issuers want—and need—their products to be included as a matter of course in the model portfolios or asset allocation software tools that more advisors are expected to rely on in the future.

Why Are Stocks So High?

Because corporations have been returning more of their profits over to shareholders and less to workers, especially over the past 30 years, according to authoritative recent research. The implication is that investors' gains have come at the expense of workers, who own little stock.

‘APIs’ and the Future of Annuities

Catching up with the 'application programming interface' technology train is essential for annuity issuers. APIs integrate annuities into advisor platforms, reduce NIGO applications, and give clients a fluid online experience.
Featured

When Herds Get Overconfident, Run for Cover

Steve Utkus of the Vanguard Retirement Research Center proposes a four-part model to explain the psychological dynamics behind the most recent financial bubble, and similar bubbles.
News

Events that may interest you

The Retirement Industry Conference is coming up soon, to be followed by several other events that RIJ readers might want to attend.

Did Income Inequality Cause the Crisis?

Those with surplus money naturally lend to those who need money. But, as two IMF experts show, disaster can occur when too much money is lent for consumption and the process goes on too long.

State pension reform may undermine Britain’s DB plans

Britain's plan to simplify the state pension to a single-tier plan could hurt private DB plans by ending "contracting-out," the practice of substituting contributions to a private plan for contributions to the second state plan.

The Bucket

Brief or late-breaking items from Janus, ING, AXA Equitable Life, Morningstar, eRollover, Curian Capital and TrimTabs.