Take Me to Your Leader
The retirement movement needs more focus. There are lots of strong voices, but they're not singing in the same language from the same hymn book at the same time.
View ArticleFidelity sued again over plan fees
The same plaintiff's attorneys are after Fidelity again--for overcharging its own plan for recordkeeping. The alleged overcharge--about $90 million over five years--amounts to less than 20 basis...
View ArticleGuardian Life’s new VA offers alternatives
Guardian may have been inspired by the success of Jackson National’s Elite Access variable annuity, which has sold well among advisers who in the past were unlikely to buy variable annuities.
View ArticleMetrics of the 2013 bull market
“One area of intriguing promise is actively managed ETFs, a segment of intense innovation activity for the coming years,” said Ari Nachmany, research director at Strategic Insight.
View ArticleBeware of seeds, stems and scams
Marijuana stock hustles tend to use the same techniques as “pump and dump” stock ploys, says FINRA, which is warning investors about dodgy securities of firms selling the psychoactive herb in states...
View ArticleArchitect of immortality dies at 72
The artist/architect Madeline Arakawa Gins believed that houses with unconventional colors and planes could extend the lives of their inhabitants indefinitely.
View ArticleThe Bucket
Brief or late-breaking items from Voya Financial (ING U.S.), T. Rowe Price, Towers Watson, Symetra, Sun Life and Northwestern Mutual.
View ArticleFinancial / Retirement Planning Software Directory
See the detail on financial planning software including vendors, scopes, costs, and contacts.
View ArticleA Liquidity Option for DIAs?
The desirability and feasibility of allowing owners of deferred income annuities to convert income streams to lump sums was discussed at the American Law Institute's Continuing Legal Education...
View ArticleProbing the Minds of Advisers
Manufacturers trying to build retirement income solutions for advisers face the fact that advisers vary widely in their approaches to retirement planning, says Howard Schneider of Practical...
View ArticleA Chat with Jackson's Cliff Jack
The executive vice president and head of retail at Jackson National Life (and former chairman of the National Association of Variable Annuities) spoke with RIJ about the two kinds of advisers, about...
View ArticleLeave Retirement to the Professionals, Actuaries Say
A new report from the American Academy of Actuaries posits four basic principles that, if followed, it believes will lead to better pension plans and more secure retirements for participants....
View ArticleBlackRock declares itself the retirement leader, hires Bruce Wolfe
This week, BlackRock has created a combined United States Retirement Group (USRG) to coordinate and grow its sales into the DC and IRA markets. Chip Castille will be CEO and Bruce Wolfe, formerly of...
View ArticleWhere do the wealthiest Americans buy their financial services?
The three biggest types of providers of financial services to the wealthy are the so-called wirehouses, with $2.4 trillion, private client groups, with $1.4 trillion, and state-registered trust...
View ArticleVanguard partners with HelloWallet
Washington, D.C.-based HelloWallet, provides automated, Internet-mediated financial guidance. Founded and led by 38-year-old political scientist Matt Fellowes, it has financial backing from...
View ArticleThe system is working: EBRI
For many, the achievement of an adequate income replacement rate in retirement may require having 30 years' access to a 401(k) plan and undiminished Social Security benefits, according to the Employee...
View Article“Do you believe in the American Dream?”
“American dream” means different things to different people. About 80% of older Boomers consider it to mean home ownership and financial independence, while younger people “focus on developing a...
View ArticleA Physician Heals Himself (Financially)
Baltimore radiologist Dimitri Merine hopes to retire in seven years, at age 63. So he created a do-it-yourself retirement income plan, using systematic withdrawals, dividends, a bond ladder and a...
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