The deferred income annuity, aka longevity insurance, is favored by academics and is mandatory in Germany and Singapore. Here's a compelling new way to explain its value to clients, courtesy of widely-known pension economists.
In this month's Research Roundup, RIJ shares four recent academic papers on the proliferation of ETFs, the danger (or not) of national debt, rational inflation expectations, and the impact of recent changes in RMD rules.
Laura Prieskorn (left) and Marcia Wadsten are the new CEO and CFO of Jackson National Life. The leading seller of variable annuities in the US is in the process of demerging from its long-time British owner, Prudential plc.
Economists typically use the 'aged dependency ratio' to show the burden of the Social Security program on workers. But the 'total dependency ratio' might be more informative. (Photo by Johann Walter Bantz.)
As explained by our guest columnist, a senior fellow at the Urban-Brookings Tax Policy Center at the Urban Institute, Trump's tax policy would echo supply-side solutions of the past while Clinton's tax philosophy echoes Obama's.
An old friend who retired early to a hacienda by the sea in Nicaragua sent me an e-mail recently, responding to my question about his life there. His answer wasn't exactly what I expected, but it made perfect sense.
The study covered 11 million contract years of data and 165,000 deaths from thirteen participating FIA issuers.