Francois Gadenne and the Retirement Income Industry Association want to spread the doctrine of "build a floor, then create upside."
At the LIMRA annual conference in Boston earlier this week, MIT economist James Poterba described how low interest rates make saving for retirement more of a challenge.
Speakers Wade Pfau and Curtis Cloke showed planners at the Financial Planning Association's 2019 conference in Minneapolis that income annuities can provide growth as well as protection.
Recent research offers new insights into financial decision-making, the decision to work after retirement, and reveals surprising links between aging and interest rates, the rise of the service economy, and the 'shadow banking' phenomenon.
The Harvard-trained economist teaches, consults, writes scholarly and popular books, created ESPlanner, and is the champion of “consumption smoothing.”
The phenomenal growth of derivatives over the past 30 year has made all our big banks more interconnected, and hence systemically risky, said Peter Boone and Simon Johnson.
Two-thirds of those surveyed were concerned about outliving their savings and about choosing the best way to draw income to live on from their savings.
Bankers say they'd rather loan money to the FDIC than make new contributions to the FDIC fund or see the FDIC tap a line of credit at the Treasury.
Variable Products Express Version 2.0 allows providers to take advantage of web-based delivery of summary prospectuses without sending contract owners to other websites for information.
Part 1 of a two-part critical essay on how the American retiree became hostage to volatile markets.
The Insured Retirement Institute held the first annual conference under its new name in Boston this week, and the difference between IRI and NAVA was striking.