A ‘Blueprint’ to Sell Income Annuities Direct
Abaris Financial, founded in 2014 to market SPIAs, DIAs and QLACs online, has rebooted itself as Blueprint Income. It hopes to sell single-premium immediate and deferred annuities as well as...
View ArticleEngland’s first hybrid retirement plan gets a tentative start
Under a recent agreement, the Royal Mail will contribute 13.6% of members’ pensionable pay to a new type of DB/DC hybrid plan and union members will contribute 6%. Government approval will be required.
View ArticleManaged accounts are a proxy for income options in DC plans: Cerulli
'While the DC industry continues to wonder how best to structure in-plan retirement income solutions..., managed accounts are quietly making progress as a less controversial option for plan sponsors...
View ArticleHonorable Mention
Lori Lucas is named CEO of Employee Benefit Research Institute, Prudential inks $1.8 billion pension risk transfer deal, DPL to bring no-load annuities to RIAs, Nuveen bolsters DCIO sales team, and...
View ArticleADP and Financial Engines in financial advice deal
The Financial Engines advisory service offering, on the ADP platform, will launch in the summer of 2018. The deal expands FE's reach to thousands of small and mid-sized firms and broadens ADP’s...
View ArticleNot All 401(k)s are Created Equal; Should They Be?
Teresa Ghilarducci's proposal for mandatory U.S. retirement plans is no more radical than changes proposed overseas.
View ArticleNew York, New Jersey, NAIC propose investor protections
New York regulators have proposed a “best interest” standard for sales of life and annuity products, the Wagner Law Group reported. Some New Jersey legislators want non-fiduciaries to disclose that...
View ArticleHow to Have Enough Money for Retirement
More than 10,000 economists converged last month on Philadelphia (where Ben Franklin's bronze likeness idles on a bench on the Penn campus) for the American Economic Association's annual meeting....
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 ArticleFlat Rich: How Airbnb Saved the Quinteros’ Retirement
How a family in Seville, Spain, fixed their retirement income shortfall by investing in two Airbnb apartments in Barrio Santa Cruz, a magnet for lovers and other tourists.
View ArticleA ‘Blueprint’ to Sell Income Annuities Direct
Abaris Financial, founded in 2014 to market SPIAs, DIAs and QLACs online, has rebooted itself as Blueprint Income. It hopes to sell single-premium immediate and deferred annuities as well as...
View ArticleHow to Have Enough Money for Retirement
More than 10,000 economists converged last month on Philadelphia (where Ben Franklin's bronze likeness idles on a bench on the Penn campus) for the American Economic Association's annual meeting....
View ArticleSpain Looks for New Ways to Save
Spain plans to reduce the fiscal burden of its national pension by dropping cost-of-living increases. Retirees will need to offset the loss of purchasing power with other savings. But the DC system...
View ArticleTwo ‘Santas’ Can Be Worse Than One
In 1976, Jude Wanniski recommended the 'Two Santas' strategy, whereby Republicans would be as generous with tax cuts as Democrats were with spending. The Trump tax cut is only the latest unaffordable...
View ArticleA.M. Best gives life/annuity industry a “negative outlook”
The industry 'remains plagued by macroeconomic and regulatory factors' as well as 'lackluster sales, rapidly evolving technological requirements and changing consumer preferences and behavior,' the...
View ArticleHonorable Mention
Securities America adds two new advisor groups; Transamerica Center for Retirement Research promotes Saver's Credit; new book from Wolters Kluwer explains new tax law; Great Western fee-based FIA...
View ArticleETF traders dumped U.S. equities but not global: TrimTabs
“Contrarians should consider favoring U.S. equities over non-U.S. equities now,' the alert from the Los Angeles-based investment research firm said.
View ArticleInterest outpaces adoption of digital advice: Cerulli
Investors ages 30-39 and older investors with $2 to $5 million to invest showed the greatest enthusiasm for pure digital offerings, the research firm said.
View ArticleThe Lessons of Black Monday
When interpreting the recent market lurch, many will think back to 2008. But a better historical precedent for current conditions is Black Monday: October 19, 1987, writes our guest columnist, the...
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