Who Is ‘Too Big to Fail’?

Concerned that your insurance company might be designated a SIFI (Systemically Important Financial Institution)? Then read Deloitte's primer on SIFIs. Here's a synopsis and a link.

Why Indexed Annuity Sales Are So Strong

Many factors are driving the increase in indexed annuity sales: More manufacturers, better products, more distributors, competitive commissions, aging boomers, and relaxed regulation. But does the bubble contain the seeds of its own deflation?

Lessons from a Living (DC) Experiment

Israel has found that even a mandatory defined contribution system can’t resolve all of the behavioral, economic, or administrative issues that prevent low-income and minority workers from saving for retirement. (Photo: Mahane Yehuda market in Jerusalem.)

What Advisors Want from Annuity Issuers

This week, RIJ received a press copy of “What Advisors Want from Annuity and Insurer Providers-2019,” a study by Practical Perspectives, a Boxford, MA-based financial services market research firm.
Featured

Why the U.S. had a crisis but Canada didn’t

Two Rutgers professors explain how fragmentation of the banking system in the U.S. has led to a long series of panics here, of which the Great Recession was only the latest. Canada's financial history has been quieter.

Use of peer pressure to encourage savings can backfire

Plan sponsors who urge union members to participate or to contribute more by pointing out other employees' saving behavior may produce unintended consequences, Harvard's David Laibson (in photo) and other researchers found.
News

Health insurance ate your raise

Between 2000 and 2009, the share of compensation gains provided in the form of more expensive benefits ranged from 35.2% to 60.8% for U.S. workers, depending on their level of income, according to Towers Watson.

Actuaries suggest automatic adjustments for Social Security

"Automatic adjustments to benefits, taxes, or the normal retirement age could solve Social Security’s long-range financing problem permanently and automatically—and restore public confidence in the system," says the American Academy of Actuaries.

Pensions feel the risks of “de-risking”

In July, the combined funding deficits of the 100 largest U.S. DB plans rose by $68 billion, to $254 billion, said Reuters, citing the Milliman Pension Fund Index.

Leakage from retirement plans plagues South Africa

To promote retirement savings and drive down the cost of retail annuities, South Africa's National Treasury is considering the creation of a public, low-cost "Retail Bond-backed Retirement Annuity."