Have Your Danish, and Eat It Too

A novel retirement plan design, called TimePension (“Tidspension” in Danish) uses a buffer account to smooth out market volatility and ensure a stable income in retirement.

FIAs for Retirement Income (Why Not?)

In this last article in our series on fixed indexed annuities, we consider the potential role of FIAs in providing retirees with guaranteed lifetime income. We find FIAs to be valuable, but underused for that purpose.

The Derivatives that Power Index Annuities

FIA owners can pick from an array of choices as cryptic as those on a roulette table. But if they don't understand options, how can they evaluate these safe but esoteric insurance products?

Allianz Life’s Index Annuity Winning Streak

In this second article in a four-part series on the fixed index annuity (FIA) business, we profile Allianz Life, the top issuer of FIAs in the US in 18 of the last 19 years. (Image, in Allianz blue, is from an Allianz Life video.)
Featured

Introducing: The Journal of Retirement

The Journal of Retirement is a new quarterly publication from Institutional Investor Journals. In this three-minute video-taped interview, editor George 'Sandy' Mackenzie describes the aims of the publication, whose first issue is now available.

A New DC Concept from Denmark

'Smoothed income annuities' represent an entirely new retirement and wealth accumulation strategy for the private and occupational pension markets in the U.S., writes Danish actuary Per Linnemann, Ph.D.
News

At Lincoln Financial, the dawn of a brand new DIA

So far, mutual insurers with captive agent forces have dominated the DIA space, so it may be significant that Lincoln, a publicly-held company with a big third-party distribution network, has jumped on the DIA bandwagon.

New York Life releases selected mid-year sales figures

New York Life remains the leading seller of fixed immediate annuities, with 32% of the market for first quarter 2013, and is the leader in sales of deferred income annuities, with 46% of the market for first quarter 2013, according to industry sources.

Quote of the Week

"If, before every action, we were to begin by weighing up the consequences, thinking about them in earnest, first the immediate consequences, then the probable, then the possible, then the imaginable ones, we should never move beyond the point where our first thought brought us to a halt." -- from "Blindness," by Jose Saramago.