In the face of a mass exodus to bonds, buybacks and dividends explain the health of the major stock indices, Goldman Sachs' David Kostin told Insured Retirement Institute members in San Diego this week.
“We’ve been hearing more of a need from our advisors about retirement income and about their clients' retirement needs,” said Matt Judge, of TD Ameritrade Institutional, the discount broker's RIA platform.
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?
Carriers are dealing with the reality that living benefits are costly to maintain, so activity is being sought elsewhere as the wait continues for interest rates to rise, according to Morningstar's Product Manager, Annuity Solutions.
At the Financial Planning Association conference in San Antonio, it was hard to forget The Alamo, only a few blocks away. But people had amnesia about annuities.
Unlike the mutual insurer's existing Select DIA, where the future income is fixed, the new Select Portfolio DIA allows contract owners to apply Northwestern Mutual dividends to their annuity.
The Hartford will continue to sell new life insurance products and riders through the transaction’s 2013 closing and during a defined transition period thereafter.
Developed by DTCC‘s Insurance & Retirement Services (I&RS), the new research enhancement provides clients with more comprehensive market information based on annuity product transaction data.
Index licensing fees have represented a growing portion of the expenses that investors pay to own index funds and ETFs, said Vanguard chief investment officer Gus Sauter.
ATHENE Benefit 10 features a 6% premium bonus that vests over a 10-year period. The enhanced benefit rider includes early income bonus of up to 10% if lifetime withdrawals are begun prior to the eighth contract anniversary.