Unlikely Rescuer

At least three proposals have been floated to open state pensions to private sector workers who have no retirement plan. Given the troubles of many state plans, that's counterintuitive. Artwork by Zaza Khabuliani.

Envestnet’s Big Annuities Play

Envestnet, with the help of six major annuity issuers, has built a platform where advisors from broker-dealers, banks and RIAs can blend insurance products and investments in the same financial plan. It's a service life insurers can't live without. But will RIAs embrace annuities?

FIAs for Retirement Income (Why Not?)

In this last article in our series on fixed indexed annuities, we consider the potential role of FIAs in providing retirees with guaranteed lifetime income. We find FIAs to be valuable, but underused for that purpose.

The Derivatives that Power Index Annuities

FIA owners can pick from an array of choices as cryptic as those on a roulette table. But if they don't understand options, how can they evaluate these safe but esoteric insurance products?
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Changing Money

On a recent visit to Shanghai, our contributor found that a dollar doesn't command as much respect on the streets of China as it once did.
News

AARP launches Social Security benefits calculator

The AARP Social Security Benefits Calculator walks users through a simple, question-and-answer format and provides estimates for both monthly and lifetime benefits across a range of ages.

A.M. Best reports on impact of low rates

Although the capital impact has been partially mitigated by substantial capital raising in recent years, additional capital requirements are likely to emerge if low interest rates persist.

The Hartford adds enhanced death benefit to Future6 GLWB

The Future6 Death Benefit allows for income withdrawals that do not reduce the death benefit, unlike most VA death benefits, according to Steve Kluever, vice president of product and marketing for Global Annuities at The Hartford.

Our Half-Full, Half-Empty Retirement Glass

The private DC system covers only about half of American workers at any given time. Proposals to open state pension plans to uncovered workers have been made, and the threat of competition may actually be healthy for the 401(k) system.