New issue of Journal of Retirement appears
The new issue contains articles by Wade Pfau, Joe Tomlinson and Steve Vernon; John Turner, Andrew Biggs, and other eminent retirement researchers.
View ArticleTarget Date Funds: What’s Under the Hood?
TDF investment returns, on average, fall short of their benchmark indices but perform about the same as all other mutual funds, say the authors of a new brief from the Center for Retirement Research...
View ArticlePresident Trump to require 'two-for-one' regulations
'To the extent allowed by law, any new incremental costs associated with new regulations must be offset by the elimination of existing costs associated with at least two prior regulations,' says one...
View Article‘Focus on issues in your direct control,’ A.M. Best urges annuity issuers
The '2017 Review & Preview Best’s Special Report' notes that the ratings agency has revised its outlook for 2017 on the L/A industry from stable to negative.
View ArticleHonorable Mention
Brief or late-breaking items from Edward Jones, Hanlon Investment Management, Pantheon and Transamerica/Aegon.
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 ArticleSkin in the (Costa Rican Retirement) Game
How do Costa Ricans pay for retirement? In San Jose, Alvaro Ramos Chaves (above), the pensions regulator, told RIJ how his nation’s mandatory DB and DC plans work. His insights could inform our own...
View ArticleDream-House Shopping in Costa Rica
The house was for sale. Its mystical vibe seduced them into paying $150,000 in cash. Monkeys, sloths, macaws, butterflies and gekkos would be their neighbors as the couple aged. 'It was definitely...
View ArticleMás o Menos: Ticos Cheerfully Eke By
With 4.8 million people, Costa Rica’s problems are comparable to those of a big U.S. city, like Los Angeles or Chicago. Yet the tensions of a large U.S. city seem absent here, as the famously warm and...
View ArticleIs (or Isn't) Time Running Out for the Fiduciary Rule?
Three benefits attorneys told RIJ this week that the DOL's fiduciary rule became effective last June, and that it may be hard to stop the rule--or even delay the April 10 applicability date--without...
View ArticleAllianz Life issues no-commission fixed indexed annuity with income riders
Retirement Foundation ADV offers two income options. One starts with a higher age-dependent payout percentage that is fixed for the life of the contract. The other has a lower starting payout but the...
View ArticleHonorable Mention
Brief or late-breaking items from LifeYield, Northwestern Mutual and Envestnet | Retirement Solutions, Lincoln Financial, AICPA, and Mercer.
View ArticleFederal Judge Upholds Obama Fiduciary Rule
Ignoring a Trump administration request to delay her ruling, Chief Judge Barbara Lynn of the Northern District of Texas, Dallas Division, rejected industry arguments that the Obama Department of Labor...
View ArticleWho buys income annuities, and why most people don’t: EBRI
“Those with inadequate assets might value a regular stream of income very highly and those with the most [assets] might expect to live longer and can also afford it even after leaving a bequest,” the...
View ArticleAverage 401(k) balances up 33% since 4Q2011: Fidelity
“More than one-in-four Fidelity 401(k) savers increased their savings rate in 2016—an all-time high—and the number of people with a 401(k) loan dropped to its lowest point in seven years,” said Kevin...
View ArticleMassMutual offers customized pension yield curves to DB clients
MassMutual issued a white paper on its yield curve methodology and compares it with other yield curves available on the market. The white paper is available to plan sponsors and auditors on request.
View ArticleMerrill Lynch launches hybrid digital-human advice platform
Through the new platform, investors at any asset level can access strategies “built and managed by the Global Wealth & Investment Management (GWIM) Chief Investment Office, not by algorithms," a...
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 Article