Spiritual Advisor

Good advisors think of themselves as healers, in a way. Larry Ford takes that concept to a new level. Has he totally lost his mind, or is he onto something?

‘Smart,’ from UK, Enters the US PEP Market

'Smart' is the recently-launched American branch of a British fintech with expertise in a kind of retirement savings plan that's called a 'master trust' in the UK and a 'pooled employer plan' or PEP in the US. RIJ interviewed two of its top executives.

Research Roundup

Almost every controversial subject in the US today--from Fed policy to machine learning to immigration--contains an element or theme related to retirement policy. The articles reviewed in this month's Research Roundup are proof of that.

‘iTDFs’ Smooth the Bumps of Retirement Income

A former chief actuary of Denmark seeks a US target date fund company that might use his technology, the 'iTDF,' to create a seamless transition from pre-retirement savings to safe income during the first 20 years of retirement.
Featured

The Variable Annuity Market in Five Acts

Actuary Timothy Paris, CEO of Ruark Insurance Advisors, Inc., charts the evolution of the variable annuity product and its market in this article, which first appeared as a blogpost on the Society of Actuaries' Riskpertise site.

Will Boomer Retirement Melt the Markets?

An editor at IPE.com says decumulation by Boomers won't spell disaster for the equity and bond markets--thanks in part to inequality. "The wealthiest 1% of US baby boomers own almost one-third of the cohort’s financial assets (and can live off the income without selling)," he writes.
News

Partial lump-sum payouts for Social Security?

Researchers suggest that instead of giving Americans increasingly higher monthly benefit for waiting past age 62 to claim benefits (to a maximum age of 70), the Social Security Administration might present the premium for delay as a lump sum.

Lower-income 60-somethings are raiding their IRAs

Among households ages 71 to 80, those whose withdrawals exceeded the RMD amount were withdrawing more than twice as much, proportionately, as did those who withdrew the minimum required amount.

The Bucket

Brief or late-breaking items from Northwestern Mutual and Jackson National Life.