Under Cathy Weatherford’s command, the IRI annual conference has become smaller, more strategic, less tactical, and more Washington-oriented.
Boston College, DCIIA and Morningstar provide new research on Britain's 'NEST' experience with auto-enrollment, custom TDFs and why replacing bad 401k investment options is a good idea.
At the LIMRA-Society of Actuaries Retirement Industry Conference in Baltimore last week, Scott Stolz from Raymond James, Greg Jaeck from Edward Jones and Jarrod Fisher from Simplicity Financial Distributors delivered frank opinions about annuities and annuity issuers.
Many factors are driving the increase in indexed annuity sales: More manufacturers, better products, more distributors, competitive commissions, aging boomers, and relaxed regulation. But does the bubble contain the seeds of its own deflation?
President Obama has left open the possibility of capping the tax on dividend income at 20%, says tax pundit Andy Friedman, but that would cost the government an estimated $100 billion in tax receipts.
“Doc, I can’t sleep. I stay up all night, trying to figure out who I should vote for,” said the Undecided Voter as he reclined on the leather longue...
"The president thinks that over $250,000 is wealthy and under $250,000 isn't wealthy. I know that you don't think of $250,000 as wealthy. You feel that $250,000 means you're broke with better things" -- Andy Friedman of TheWashingtonUpdate.com, addressing executives at the IRI Conference in Chicago.
SunGard is providing “a technological advancement that will help make retirement income options more readily available to DC plan participants,” said SunGard’s COO.
The Annuity Intelligence Report (AI Report), one of Advanced Sales’ two product lines, is a web-based service that helps render variable annuity products more understandable to broker-dealers, insurers, advisers and clients.
It’s riskier to try to live off the interest of your savings or to use a 4% drawdown than to buy an inflation-indexed income annuity, according to a study conducted by the Center for Retirement Research at Boston College and sponsored by Nationwide Mutual.
Without changes in tax and spending rules, the national debt will rise from 62% of GDP now to more than 100% of GDP by the end of the decade, says economist Martin Feldstein.
U.S. households generally are “not optimistic about their economic futures," Rand analysts say.