Perhaps with less to spend, retired Southerners spend less
Among 65-to-74-year-olds, Northeastern households had the highest median annual spending ($41,860) and Southern households the lowest ($32,836), according to new research by the Employee Benefit...
View ArticleSteep drop in fintech investment: KPMG
Globally, fintech funding fell to $25 billion in 2016 from $47 billion in 2015. Nonetheless, 2016 was the third strongest year for fintech investment and second highest year for venture capital (VC)...
View ArticleLincoln and BlackRock Launch No-Commission Variable Annuity
'Lincoln Core Income' offers 4% guaranteed lifetime income with a 2% COLA, plus a choice of three iShare exchange-traded funds and a death benefit for an all-in cost of about 190 basis points.
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 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 Article‘We’re the Kasparov Inside’
‘I’ve been on the bleeding edge as much as I’ve been on the leading edge, and it’s not always a comfortable place to be,’ said Judson Bergman, Chairman and CEO of Envestnet (above).
View ArticleLincoln and BlackRock Launch No-Commission Variable Annuity
'Lincoln Core Income' offers 4% guaranteed lifetime income with a 2% COLA, plus a choice of three iShare exchange-traded funds and a death benefit for an all-in cost of about 190 basis points.
View ArticleNo Quick End to Fiduciary Rule Story
The DOL wants your comments again. It wants to know how much companies have spent on adapting to the rule, and whether it would be cheaper to abandon the sunk costs. Or maybe it's all a charade,...
View Article‘Money isn’t everything’
Of those surveyed by Havas Worldwide, about half want their financial life 'bundled within a single organization' and over half of early tech adopters "want to pay for everything with smartphones" and...
View ArticleInsured Retirement Institute announces its lobbying goals for 2017
The IRI called for Congress not to allow state and local governments to set up auto-IRA plans for businesses without retirement plans, urged the removal of barriers to multiple employer retirement...
View ArticleAnecdotal Evidence: A.I. Is Coming
New reports from PwC, DST kasina, and Deloitte all herald a world of 'Robotics Process Automation' that will probably feature many more chatbots and many fewer phone reps or advisors.
View ArticleFee-Based FIAs Are Customer-Friendly. But Will They Sell?
'While the education process is taking longer than we’d like, the bucket of money is so large that it’s worthwhile,' said Joe Maringer, national sales vice president at Great American, speaking about...
View ArticleTwo long-term care issuers in PA to be liquidated
'Pricing deficiencies and resulting financial losses have resulted in many long-term care insurers seeking large premium rate increases and some leaving the market,' the Pennsylvania insurance...
View ArticleInstead of retirement savings, farmers bank on their land
'The same independence that drew them to farming characterizes their retirement approach: free of pensions, unions and so-called experts,' a New York Times report said.
View ArticleConsumer coalition rallies against Wells Fargo Bank
'We call on Wells Fargo to do the right thing, and to immediately cease using forced arbitration clauses in its consumer and employment contracts,' said a letter to the bank from a coalition of...
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‘We’re the Kasparov Inside’
‘I’ve been on the bleeding edge as much as I’ve been on the leading edge, and it’s not always a comfortable place to be,’ said Judson Bergman, Chairman and CEO of Envestnet (above).
View ArticleLincoln and BlackRock Launch No-Commission Variable Annuity
'Lincoln Core Income' offers 4% guaranteed lifetime income with a 2% COLA, plus a choice of three iShare exchange-traded funds and a death benefit for an all-in cost of about 190 basis points.
View Article