Red Bulls and Blue Bears
After the 2016 election, Republicans shifted toward equities and Democrats shifted toward bonds. MIT researchers found that out of step with the classic image of the ‘rational investor’ and called their findings ‘worrisome.’
For Advisors
Do Spectacular Earnings Justify Spectacular Stock Prices?
'A bear market could come without warning or apparent reason, or with the next recession, which would negatively affect corporate earnings. That outcome is hardly assured, but it would fit with a historical pattern of overreaction to earnings changes,' writes the Nobel Prize-winning economist.
TIAA VA joins RetireOne annuity platform for RIAs
TIAA Life will also add its no-load fixed annuity, which has 10 guarantee period options, and a no-load single premium immediate annuity, to the RetireOne platform.
Research
Society of Actuaries posts resources for actuaries, retirement planners
More highlights and research sessions from the Aging and Retirement Strategic Research Program will be introduced at the SoA Annual Meeting in Nashville, October 14-17, 2018.
Anecdotal Evidence
Guess What: America Is Rich
Warning: Ingestion of the contents of this column may cause symptoms of apoplexy and dyspepsia among disciples of classical macroeconomics, neo-liberalism, or 'deficit hawks' in the US Congress.
International
Master trusts face tighter regulation in the UK
Britain's experience with 'master trusts' could help inform US policymakers who are on the brink of allowing plan providers to set up similar types of plans in this country.
New robo-advice platform launches in Britain
Wealthsimple, which offers clients free access to human advice, is backed by Power Financial Corporation, the parent of Great-West Financial, Empower Retirement and Putnam Investments.
COVER STORIES YOU MAY HAVE MISSED
September 27, 2018
On the Case: Plan for A Couple with $750K
RIJ asked advisor/actuary Jerry Golden, founder of Golden Retirement, Go2Income.com, and the Income Power method, to develop a retirement income plan for the 'M.T. Knestors,' a couple with about $750,000 in investable assets.
September 21, 2018
How to Make Your Widow Merrier
The generosity of the Social Security spousal benefit is something every primary earner should understand. Yet many spouses--and even some professionals--aren't sure exactly how it works.
September 13, 2018
Research Roundup
Recent research suggests that factor investing may beat passive; air pollution promotes dementia; investors buy active funds because they believe hard work pays off; Fed 'surprises' cause wider ripples than previously thought; a Nobel...
