Meet the Newest Platform in the 401(k) Annuity Space
'We’re a product design firm,' ALEXIncome co-founder E. Graham Clark told RIJ. 'We feel we’ve built the best process for integrating annuities into retirement accounts.'
NAIC Urged to Limit ‘Bermuda Triangle’ Strategy
'The ability of insurers to significantly lower the total asset requirement for long-duration blocks of business that rely heavily on asset returns appears to be one of the drivers of the significant increase in reinsurance transactions,” wrote a New Jersey and an Iowa insurance regulator. 'A stunning development,' said one federal official.
Of Athene, Pension Risk Transfers, and Fiduciaries
The ERISA Advisory Council recently heard comments on changing the criteria that fiduciaries use when vetting annuity providers in pension risk transfer deals. Athene's vice chairman defended his company's practices.
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The Stakes in the Romney-Obama Contest
Expect big changes next January? Think again. While the candidates' economic philosophies and positions are dramatically different, divided government will prevent either from bringing his version of Morning to America, predicts a Wharton School professor.
To De-Risk or Re-Risk, That Is The Question
Pension fund managers across the Pond are feeling boxed-in. The author, European head of institutional solutions at SEI, feels their pain in an essay that first appeared in IPE.com.
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NAIC Urged to Limit ‘Bermuda Triangle’ Strategy
'The ability of insurers to significantly lower the total asset requirement for long-duration blocks of business that rely heavily on asset returns appears to be one of the drivers of the significant increase in reinsurance transactions,” wrote a New Jersey and an Iowa insurance regulator. 'A stunning development,' said one federal official.
Of Athene, Pension Risk Transfers, and Fiduciaries
The ERISA Advisory Council recently heard comments on changing the criteria that fiduciaries use when vetting annuity providers in pension risk transfer deals. Athene's vice chairman defended his company's practices.
LIMRA analyzes potential impact of a new estate tax law
If Congress lets estate tax go back to $1 million exemption/55% maximum, 14.7 million U.S. households would have a potential estate tax liability, with an average tax of $1.4 million, LIMRA said.
New York Life funds doctoral program at The American College
Doctoral scholars will participate in three one-week residencies at The American College’s campus in Bryn Mawr, PA, as well as at least one intensive debrief with faculty prior to their dissertation defense.
SunGard enhances system for employer-sponsored plans
The system allows retirement administrators to provide participants with online access to account information and transactions.
Britain adjusts to universal auto-enrollment
“Many organizations are still in a head-in-sand mode,” said Dean Wetton, a pension consultant. “Auto-enrollment is lost somewhere between payroll, HR and the pensions department."
DALBAR validates Pacific Life funds as QDIAs
The PL Portfolio Optimization Funds are five target-risk fund-of-funds, ranging from conservative to aggressive, that are designed to offer investors one-step diversification.
