A Dutch pension administrator hopes a mildly racy comic book will help educate its plans' younger bus drivers and railway workers.
'We have all these insurance agents selling billions of dollars of fixed indexed annuities. But they have few clues about how the crediting rates have performed,'' says Kent Jacquay. With his Indexalyzer software, he proposes a solution.
Achaean Financial and Ash Brokerage, a large Fort Wayne, Ind., BGA, are partnering on a potential retirement game-changer: Achaean's immediate indexed income annuity, couched in Ash's JourneyGuide planning software. The underwriter has yet to be named.
Listen to an actuary who put $50k into a five-year indexed variable annuity four years ago as an alternative to CDs. We explain how IVAs are priced, and we tell you how his investment has fared so far.
The "at retirement" market for annuities in the U.K. topped £14 billion in 2008 and is expected to reach about £23 billion in five years.
“Given the turbulent economic climate and the shift of financial risk to individuals, people need help,” said Center Director Alicia Munnell.
A third of those polled, up from 20% in the second quarter, said their account balances have recovered to their Jan. 1 levels or expect them to recover in two to five years.
The SEC voted Sept.17 to address conflicts of interest, reveal rating shopping, and promote accountability.
Consultants want asset managers who provide consistent investment performance without “surprises.”
Only 10% of employers would support an “employer mandate” that required them to provide health insurance to employees.
Perspective Rewards pays a 6% bonus on first-year premiums under $100,000 and 8% on higher ones.
The Destinations VA offers an optional 0.10% uptick in the lifetime payout rate for each of the first ten contract years or until a withdrawal.
Part 2 of a two-part essay on the dark side of Boomer retirement. Discretion is advised.