At the Society of Actuaries Equity-Based Insurance Guarantees conference in Chicago this week, the use of 'predictive modeling' to unearth buried or cryptic data was strongly encouraged.
Wells Fargo Asset Management's new target-date series of CITs comes with a built-in, optional retirement income strategy: systematic withdrawals plus an annuity starting at age 85.
In her new book, 'The Deficit Myth,' Stephanie Kelton explains Modern Monetary Theory--and how we can afford a lot more as a nation than we think we can.
The deal, part of a trend in private-equity acquisitions of life/annuity properties that began a decade ago, makes KKR about one-third larger. The trend tailwind: low rates.
Many observers think the Fed doesn’t need to raise rates. The actuary I met in Chicago this week was one of the few who believes that the Fed can’t raise rates.
'VA sales make up 54% of the overall annuity business, down from 67% just in 2012. This decline in VA market share has certainly contributed to the growth in the indexed annuity market,' said Todd Giesing of the LIMRA Secure Retirement Institute.
Retirement Income Journal will take a break next week for the Thanksgiving holiday. We're grateful to all of our subscribers, advertisers and vendors for helping to keep old-fashioned journalism alive on the Web. RIJ will return on Thursday, December 3.
Seventeen percent of investors are using robo-advisor services from familiar direct providers like Fidelity, Vanguard or Charles Schwab while 10% are using one of nearly two dozen upstarts.