Research Roundup

This month we bring you scholarly articles on the Social Security 'tax torpedo,' the likelihood of needing long-term care, the best decumulation strategies from DC plans, the people most likely to 'freak out' when the markets crash, and what advisers must do to avoid trouble when recommending rollovers.
Anecdotal Evidence

Let’s Get This (Income) Party Started!

I watched a webinar this week on 'Key Trends in Defined Contribution Plans,' hosted by the Georgetown Center for Retirement Initiatives. Regarding demand for income options in 401k plans, a BlackRock executive said, 'It's big. It's here.' So why is progress so slow?

Prudential’s new approach to the DC world—and to the income challenge

PGIM, Prudential Financial's asset management group, has a new unit, PGIM DC Solutions. Its CEO, Linda Gibson, said the market demands 'a comprehensive approach to retirement income... We have created PGIM DC Solutions to spearhead that effort.' Retirement income expert David Blanchett is on the team.

Retirement assets total $37.2 trillion in 2Q2021

Assets in IRAs totaled $13.2 trillion at the end of 2Q2021, up 5.4% from the end of 1Q2021. Defined contribution (DC) plan assets were $10.4 trillion at the end of the second quarter, up 5.3% from March 31, 2021, the Investment Company Institute reported.


September 23, 2021

Learn to [Ted] ‘Lasso’ Women Clients

David Macchia of Wealth2k and author Marcia Mantell are about to launch a new service, Women And Income, a turnkey marketing, income planning and lead generation service for advisers. It's for advisers not naturally...
September 16, 2021

A New Path to Inflation-Resistant Income

Achaean Financial's novel hybrid design for a lifetime income annuity is being brought to market by National Western Life. We spoke with Achaean founder Lorry Stensrud and NWL's Chad Tope. (Photo: Death mask of...
September 10, 2021

Bermuda’s Role in a Changing Annuity Industry

In this latest installment in our 'Bermuda Triangle' series, we ask why US life/annuity companies would reinsure liabilities in Bermuda, and why big private equity firms are creating reinsurers in Bermuda to buy US-based...