Trump and the Trajectory of Interest Rates
'There could be pressure for rates to go higher as investors digest the deficit spending pushed by Mr. Trump,' said Andrew McCormick, head of T. Rowe Price’s U.S. taxable bond team.
View ArticleAn All-Purpose Variable Income Annuity
“We’re going full speed ahead,” said Lorry Stensrud of Achaean Financial, which, after a decade of work, is bringing its chassis for a variable income annuity to market. He believes his design, Income...
View ArticleWhich Annuity Is Better? This New Tool Tells You
Cannex, the Toronto-based annuity product data, just announced a new tool, based on research by annuity guru Moshe Milvesky, that enables advisors to do side-by-side comparisons of annuity contracts....
View ArticleWhat To Tell Nervous (Older) Clients Now
During market turmoil, the messages from “retirement income” advisors to their clients should be substantially different in their content from the messages that investment advisors typically send to...
View ArticleVA Sales are Down, But AUM Is Up: Morningstar
'Eight of the top-ten issuers saw their sales decline in the third quarter compared to the first quarter, where all 10 had negative sales growth,' writes Morningstar's annuity product manager in his...
View ArticleOn New Lincoln VA, the Income Benefit Is Mandatory
Available in 2017, the new product is called Lincoln Core Income. Its three underlying investments are all BlackRock iShares. The income benefit comes as part of the product, not as an option. (A link...
View ArticleIncome benefits attract older variable annuity buyers: LIMRA
People who purchased a variable annuity contract without the guaranteed living benefit are more than five years younger (57.3 years versus 62.5 years) on average than buyers who purchase a GLB rider.
View ArticleDid your active fund underperform? Maybe a rich kid manages it
'Managers from families in the top quintile of wealth underperformed managers in the bottom quintile by 2.16% per year,' according to a study by economists at the University of Michigan and the...
View ArticleIn the Netherlands, DB plans said to out-deliver DC plans
Seven percentage points of the extra return produced by DB plans were due to shared investment risk between current and future generations. The remaining 13 percentage points came from an interest...
View ArticleAsset managers face five headwinds: Casey Quirk
Except in the Chinese market, the rate of organic growth in global assets will likely fall below one percent in the near future, according to a new report from the unit of Deloitte Consulting.
View ArticleFinancial / Retirement Planning Software Directory
See the detail on financial planning software including vendors, scopes, costs, and contacts.
View ArticleSocial Security Maximizer
The Social Security Maximizer is an integral tool for a retirement planner's comprehensive financial planning calculations.
View ArticleAn All-Purpose Variable Income Annuity
“We’re going full speed ahead,” said Lorry Stensrud of Achaean Financial, which, after a decade of work, is bringing its chassis for a variable income annuity to market. He believes his design, Income...
View ArticleWhich Annuity Is Better? This New Tool Tells You
Cannex, the Toronto-based annuity product data, just announced a new tool, based on research by annuity guru Moshe Milvesky, that enables advisors to do side-by-side comparisons of annuity contracts....
View ArticleWhat To Tell Nervous (Older) Clients Now
During market turmoil, the messages from “retirement income” advisors to their clients should be substantially different in their content from the messages that investment advisors typically send to...
View ArticleVoya: From Orange to Origami
Almost four years after its IPO, Voya (formerly ING-US) has rebranded, retooled itself as a fixed indexed annuity shop and launched an ad campaign featuring origami rodents that talk. But it is still...
View ArticleCalculating After-Tax Social Security Benefits
A handy crib sheet recently published by Vanguard shows the formulae for calculating the portion of an individual's or couple's Social Security benefits that will be subject to ordinary income tax.
View ArticleWill your grandkids shop for annuities on Amazon?
'Should [Google, Amazon and Walmart] decide to make a large scale entrance into the insurance marketplace, this could further disrupt the current U.S. life insurance distribution model,' A.M. Best...
View ArticleAscensus to run Oregon’s public DC plan for private-sector workers
Pennsylvania-based Ascensus is the nation’s largest independent retirement and college savings services provider, with more than $139 billion in assets under administration.
View ArticleCharles Schwab offers hybrid-robo with $25k minimum
Most clients will be invested in a fully automated, diversified portfolio using Schwab Intelligent Portfolios comprised of exchange-traded funds (ETFs) from Schwab, Vanguard, iShares and PowerShares.
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