Will the ‘BIC’ Affect QLAC Sales?

By Kerry Pechter
We're talking about the DOL's proposed Best Interest Contract exemption and sales of Qualified Longevity Annuity Contracts. "Most firms will just pass on this uncertainty and risk," said Caleb Callahan, chief operating officer of ValMark Securities.

How to Personalize Withdrawal Rates

By Kerry Pechter
Safe spending rates range from 2% to 10%, writes researcher Luke Delorme in the Journal of Financial Planning. It all depends on when people retire, how much guaranteed income they have, whether they want to leave a legacy, etc. One size never fits all.

GM Adds Hueler’s Income Solutions to its DC Plan

By Kerry Pechter
GM closed its defined benefit plan in 2012. Its 401(k) provider is Fidelity. To offer its DC plan participants an option to roll over part of their savings to an income annuity at retirement, it chose Hueler's Income Solutions Annuity Marketplace, an online annuity purchasing platform.

The People’s Retirement Industry Group

By Kerry Pechter
To mark the Retirement Income Industry Association’s 10th anniversary, RIIA founder and chairman Francois Gadenne (above) spoke with RIJ recently about the group’s past, present and future.
Featured

A Conservative Retirement Portfolio in 3 Buckets

By Christine Benz
The Director of Personal Finance and senior columnist at Morningstar offers a three-bucket strategy for retirees who want to draw income from a diversified portfolio over a 15-year time horizon. The article was first published at Morningstar.com.

The DOL’s Missed Opportunity

By Kerry Pechter
By proposing a solution that could disrupt the distribution of financial products and deny broker-dealers a major source of revenue, the DOL guaranteed resistance. Instead, it might have required IRA advisors to demonstrate retirement planning expertise.
News

Will the ‘BIC’ Affect QLAC Sales?

By Kerry Pechter
We're talking about the DOL's proposed Best Interest Contract exemption and sales of Qualified Longevity Annuity Contracts. "Most firms will just pass on this uncertainty and risk," said Caleb Callahan, chief operating officer of ValMark Securities.

Retirement conferences this fall

By Editorial Staff
Here's a list of fall 2015 and winter 2016 conferences that might interest you, starting with the Financial Planning Association's annual conference in Boston this weekend.