Experts Assess the Latest on ‘QLACs’

Mark Fortier, Prudential's Srinivas Reddy, ERISA lawyer Fred Reish, Steve Shepherd of Aon EnnisKnupp and Jody Strakosch shared their views with RIJ about recent statements by Treasury official Mark Iwry (above) on in-plan annuities in target date funds.

Two Robo-Advisors, Two Income Strategies

Two robo-advisors, Betterment.com and SigFig.com, have retirement income generating functionalities. But are they robust enough to put an advisor with retirement income training out of work? Read and judge for yourself.

Turn 401(k)s into Bond Ladders

Franklin Templeton SVP Drew Carrington says his firm's Defined Maturity Funds, which work like bond ladders, could provide retirement income for 401(k) participants, and could be paired with qualified longevity annuity contracts.

An Actuary Assesses COVID-19

A mortality and longevity expert at Willis Towers Watson writes that 'the variability of the mortality impact by age makes the impact highly variable by type of insurer.'

At These Rates, Why Bother to Save?

Negative real interest rates have become a disincentive to personal savings, especially among lower-income Americans who will rely heavily on Social Security and Medicaid anyway, this team of economists from Stanford suggests.
Featured

Will a Robo-Advisor Eat Your Lunch?

"It comes down to this: ‘How much personalized service am I willing to give up to save 75 basis points a year?” said Jack Waymire about the robo-advisors. He runs a client-advisor matchmaking service at iwd.paladinregistry.com.

AIG Offers First Qualified Longevity Annuity Contract

“ will take a while to get going,” said Stan Haithcock, of Stantheannuityman.com, “but once people realize that it lets them reduce their RMDs, and that it will be good for their spouses, I think they will flock to it.”
News

Eaton Vance gets SEC approval for ‘managed ETFs’

The SEC has just approved a request to list and trade exchange-traded managed funds on NASDAQ, and has issued a notice of intent to grant exemptive relief to permit offering of exchange-traded managed funds.