‘De-Risky’ Business

By Kerry Pechter
Prudential has dominated the burgeoning market in jumbo pension buyouts. In the week following Prudential deals with JC Penney and Philips Electronics, RIJ spoke with Peggy McDonald (above), an actuary and a leader in the insurer's pension risk transfer team.

Go Ahead, Buy the Harley

By Editorial Staff
New research in the Journal of Personal Finance shows why retirees can spend 20% more in early retirement than the 4% rule allows. In our latest research roundup, we also highlight research on aging, the demographic aspects of investment mistakes and Social Security claiming.

Takeaways from the FPA Conference in Boston

By Kerry Pechter
At the Financial Planning Association's Business and Education Conference in Boston last weekend, Bill Reichenstein talked about tax-efficient withdrawal strategies, Steve Deschenes made a case for income-oriented American Funds, and David Blanchett explained that retirement might cost less than expected.

Will the ‘BIC’ Affect QLAC Sales?

By Kerry Pechter
We're talking about the DOL's proposed Best Interest Contract exemption and sales of Qualified Longevity Annuity Contracts. "Most firms will just pass on this uncertainty and risk," said Caleb Callahan, chief operating officer of ValMark Securities.
Featured

The Link between Inequality and ‘Retirement Readiness’

By Kerry Pechter
“In North America – alone among regions – the population share of the middle class exceeds their share of wealth: in other words, the middle class as a group have less than average wealth," says the 2015 Global Wealth Databook from Credit Suisse.

Stock Market Volatility and Investors’ Trust

By Larry Cohen
Households mistrust discount brokers the most, followed by full-service brokers and banks, writes our guest columnist, a director at Consumer Financial Decisions - Strategic Business Insights. Financial-planning and mutual fund firms fare a bit better.
News

Will the ‘BIC’ Affect QLAC Sales?

By Kerry Pechter
We're talking about the DOL's proposed Best Interest Contract exemption and sales of Qualified Longevity Annuity Contracts. "Most firms will just pass on this uncertainty and risk," said Caleb Callahan, chief operating officer of ValMark Securities.