Treasury Nominee Janet Yellen (the Un-Steve Mnuchin)

Yellen, the first woman nominated for Treasury chief, is an academic economist, not a Wall Streeter. As Fed chief, she was known as an interest rate “dove;” more inclined to maintain high employment than stamp out inflation.

Time to overweight equities: BlackRock

'A key risk to our US equities view: The winding down of key Fed/Treasury emergency support facilities by the US Treasury highlights risks ahead for overall US policy support, especially on additional fiscal relief,' write analysts at BlackRock Investment Institute.

Honorable Mention

ARA weighs in on ‘lifetime income illustrations’ in 401(k) plans; Barbara Turner becomes Ohio National’s first female CEO; Congress should support PPP tax relief: AICPA.

Annuity Sales Rebound in Third Quarter: WinkIntel

Annuity sales emerged from the shadows of COVID-19 in the third quarter. Sales of multi-year guarantee annuity contracts (MYGAs) and of structured annuities (RILAs) were up by double-digits from a year ago, according to Wink's latest sales report.

This British fintech plans to invade US DC biz

Over the past few years, Smart has secured funding from Natixis IM, JP Morgan, LGIM and Australian administrator Link Group to secure a 'rapid international expansion.'


November 19, 2020

Using Cash Value Life Insurance for Retirement Income

Cash value life insurance can be a versatile tool in the hands of a diligent financial advisor, writes our guest columnist, an Adjunct Professor of Advanced Planning at The American College of Financial Services....
November 12, 2020

CEO Chris Blunt of F&G Explains It All

In only about three years, Fidelity & Guaranty Life has leveraged the asset management skills of strategic partner Blackstone to become a major fixed indexed annuity provider. Blunt, F&G's CEO since 2019, explains exactly...
November 6, 2020

A Closer Look at CLOs

New research into collateralized loan obligations (CLOs), which are helping reshape the investment policies of the life/annuity industry, explores whether they have the same vulnerabilities as the 'CDOs' in 'The Big Short,' the book...