Guest Column

The Old Allure of New Money

'The cryptocurrencies are a statement of faith in a new community of entrepreneurial cosmopolitans who hold themselves above national governments,' writes the Nobel Prize-winning economist, author and Yale professor.

Honorable Mention

Mutual fund assets down again, says Cerulli; TIAA calls for infrastructure lending reforms; MassMutual publishes research on Asian Americans; John Hancock hires Infosys for digital modernization; Apple leads all companies in recent stock buybacks.
For insurers

Pressure to reinsure VA riders may ease: A.M. Best

The National Association of Insurance Commissioners (NAIC) is trying to modify reserve and capital requirements for variable annuity riders so that non-economic volatility is diminished, A.M. Best reported.
Annuity sales

Indexed annuities sales up in 1Q2018: LIMRA

As for structured annuities, LIMRA is now using the term “registered indexed-linked annuities” to describe them and will include them in its overall variable annuity sales figures. These products represent about 9% of the VA market.


May 17, 2018

This Is Worse than the Fiduciary Rule

Nature abhors a vacuum, and so does the retirement industry. Now that the Obama fiduciary rule is gone, some people are realizing that it actually served a purpose. The problems that the DOL addressed...
May 10, 2018

La Vida Robo

After MIT and a stint at Merrill Lynch, Carlos Garcia decided to start Finhabits, the first bilingual English and Spanish robo-advisor and savings tool. It's for first-time savers. It's also one of the first...
May 3, 2018

The Bucket Brigade

Time-segmentation stands at the intersection of insurance and investments, of modern portfolio theory and asset/liability matching, and of behavioral finance and quantitative analysis.