J.P. Morgan Asset Mgt Joins the 401(k) Annuity Race

To educate participants, JPMAM's ‘My Retirement Income Planner,' an online tool for 401(k) participants, will help them decide whether to cover 25% of their plan savings with an Equitable or Prudential lifetime income guarantee at retirement.

RIJ Launches the 401(k) Income Research Center

RIJ intends to give plan sponsors, plan advisors, retirement plan service providers and others an up-to-date, easy-to-access source of curated information and competitive intelligence on products and processes that can help 401(k) participants turn their savings into income.

DOL Lets Pension Risk Transfer Rules Stand – For Now

But the Department of Labor's Employee Benefits Security Administration still has concerns about 'insurers’ ownership structures; exposure to risky assets... and use of affiliated and offshore reinsurance.'
Featured

Fall Issue of The Journal of Retirement Appears

Here's a list of the eight articles in the current issue, along with abstracts of their content. The featured authors include Moshe Milevsky of York University and CANNEX, David Blanchett of Morningstar, and Steve Feinschreiber of Fidelity.

RetirePreneur: Steven Saltzman

Steven Saltzman is the founder of Saltzman Associates, a consultancy that works with marketers, institutional distributors and insurance underwriters.
News

LIMRA links undersaving by Boomers to spending on family cellphone plans

“Parents of Millennials, even those over the age of 22, are providing considerable support to their children at a time in their lives when saving from retirement should be a priority,” said Deb Dupont, associate managing director, LIMRA Secure Retirement Institute.