The Pension Research Council's Spring Symposium took place (virtually), which meant no semi-formal dinner with the sphinx at the University of Pennsylvania's museum. But the presentations of research papers were still well-worth hearing.
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.
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 in Tampa this week.
Longevity annuities were the topic of a two-hour discussion at the Brookings Institution two weeks ago and of a RIIA/New York Life webinar this week. Having read the transcript of the first one and attended the second, I offer these highlights.
Can the use of "buffers" in collectively-managed defined contribution funds offer defined benefit-like income predictability? In the Netherlands, where pensions are a passion, a team of business, academic and governmental experts is recommending it.