What to Do About Low Returns

The anticipated low return environment doesn't have to ruin your retirement plans, according to industry and academic speakers at the Pension Research Council's annual symposium, held May 4-5 at Penn's Wharton School.

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

Roll Over and Play Fair

The LIMRA Secure Retirement Institute's study of participant behavior around rollovers comes at a time when financial advisors need to talk about rollovers more carefully than in the past.

Ready for Take-Off? Or a Crash Landing?

'The Trump effect that carried the market through the end of April now shows some evidence of running out of steam,' writes our guest columnist, of Chao & Co., a retirement plan and fiduciary consulting firm in Vienna, Va.
News

A mixed picture of life/annuity industry from A.M. Best

'Earnings from individual annuities business were strong, up 63% from 2015, due mainly to the Federal Reserve’s 25-basis-point interest rate increase during the fourth quarter and the decline in asset adequacy reserves,' the ratings agency said.

Average 401(k) balances up 27% in five years: Fidelity

The post-election equities rally and higher contributions drove the average Fidelity 401(k) balance to a record $95,500 and the average IRA balance to a record $98,100 the end of Q1. (Average balances tend to be much higher than median ones.)

Mass Mutual has a new look

In explaining the logic of the new look, MassMutual pointed to some of the financial stresses felt by various U.S. demographic groups, which reflect a lack of income, of savings or of an ability to save.

Honorable Mention

Olivia Mitchell wins EBRI award, Tim Seifert to lead annuity sales at Lincoln Financial, and Brian Duperreault becomes AIG's new chairman and CEO.