The ‘Retirement Income Consortium’ is Born

Eight financial giants formed the Retirement Income Consortium to promote income solutions in 401(k) plans and 'develop a vetted due diligence framework' for 'selection and monitoring' of those solutions.

Annuity sales on pace for another $250bn year

'Both fixed indexed annuities and fixed-rate deferred products benefited from the significant interest rate increases in the first quarter,” said Todd Giesing, assistant vice president, SRI Annuity Research (in photo).
Bermuda Triangle news

USAA inked a pair of reinsurance deals in 2021

USAA, a reciprocal insurer, completed reinsurance transactions with Commonwealth Annuity and Life and Fortitude Re, according to its 2021 annual statements.
Anecdotal Evidence

Why RIJ Obsesses over the ‘Bermuda Triangle’

Private equity is no longer a sideshow in the annuity industry. Its involvement is now the main event. But we know too little about private equity’s growing role in this space.

In the UK, private equity finds a NEST-ing ground

NEST has been at the forefront of UK’s auto-enrolled master trusts expansion into illiquid assets, but some doubted a private equity manager would work for a low expense ratio.


April 28, 2022

Private Equity in the Life/Annuity Biz

Experts Tim Zawacki of S&P Global Market Intelligence, Rosemarie Mirabella of AM Best, and Jason Kehrberg of PolySystems presented data on “Private Equity and the Life Insurance Industry” at LIMRA's 2022 Life Insurance Conference...
April 21, 2022

It’s Inflation or Recession: Larry Summers

In this research roundup, economist Larry Summers predicts a recession next year. We also review new papers on annuitization habits of TIAA participants, 'tontines' for Chile, shortages of caregivers for the elderly, and...
April 14, 2022

A ‘Cashback’ Pension-Building Card, from Germany

'The Vantikcard uses the 1% cashback as a kickstart into retirement savings and for customers to then save on top of the cashback,' a Vantik veteran said. Right: Vantik CEO Til Klein.