‘SECURE 2.0’ Passes House, Moves to Senate

Retirement industry stakeholders and their representatives praised the passage of the bill, HR 2954, which loosens the rules on RMDs and QLACs and clears the way for ETFs in variable annuities.

Goldman Sachs acquires NextCapital

NextCapital, based in Chicago, is an open-architecture digital retirement advice provider that partners with US financial institutions. Terms of the acquisition were not disclosed.
Anecdotal Evidence

White Paper Warns of PE-Led Life Insurers

The co-director of the Center for Economic Policy Research claims that conflicts of interest, risky investments, and regulatory arbitrage accompany the incursion of private equity firms into the life/annuity business.

Breaking News

Annexus and State Street partner on TDF with income rider; SEC seeks more SPAC disclosure; RetireOne hires McNeela and Cusack; SEC aims to regulate securities dealers, market makers; ‘Thematic Funds’ database available to Morningstar clients; Personalized SMAs: A new product class.


March 24, 2022

Europe’s Borderless New DC Plans

After 10 years of preparation, the European Union has created Pan European Personal Pension plans (PEPPs). These will be available to any EU-country citizen working in any EU country. But who will offer them?
March 17, 2022

401(k)s Are a ‘Fraud,’ and Other New Research

Here are five fresh, timely pieces of academic research on retirement-related topics, including the alleged unfairness of the employer-sponsored defined contribution plan savings system.
March 11, 2022

Meet MassMutual’s Bermuda Reinsurer

MassMutual helped finance Martello Re, the $1.65bn Bermuda reinsurer that just reinsured $14bn worth of MassMutual's in-force fixed-rate and fixed index annuities, and recruited Dennis Ho to be its CEO.