PIMCO envisions a trillion-dollar retail and institutional market for its new TIPS-based ‘Real Income’ managed payout funds.
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?
Immediate reactions from advisors, retirement income consultants and academics ranged from skepticism to enthusiasm to uncertainty about the costs.
For the entire fixed annuity market, 2009 has been a bumper year so far. On a year-to-date basis, total market sales were an estimated $62.6 billion, 39% above first half 2008.
Non-qualified annuities contribute significantly to the retirement security of middle-class Americans, Gallup Survey shows.
DOL has killed a Bush regulation that would have let advisers affiliated with mutual funds or brokerages to advise 401(k) participants.
Participants in 401(k) plans shifted $203 million to equities from fixed income in August, according to Hewitt’s 401(k) index.
The SEC voted unanimously September 17 to create rules that would bolster oversight of credit ratings agencies.
In the past year, the funded ratio of the top 100 U.S. pension plans has fallen to 75% from 100.3%, according to Milliman.
The president gave Masters of the Universe a judicious scolding.
LifeYield's technology reviews the multiple taxable and tax-advantaged accounts held by family members and selects the most appropriate assets to liquidate.
The CRC is one of several retirement-related professional certifications vying for credibility at a time when the designation "senior specialist" has fallen into disrepute.
Two economists have documented an increase in fatal heart attacks, strokes and traffic accidents shortly after the receipt of money, such as monthly Social Security checks.
Nurses tend to distrust “outsiders,” but most indicated they would attend a free, unbiased financial planning workshop sponsored by a professional nursing organization.
Given the possibility of higher inflation ahead, the new PIMCO TIPS payout funds may be just what the doctor ordered.