Bill Sharpe's New Retirement Blog
On the verge of his 80th birthday, Sharpe, who won the 1990 Nobel Prize for his Capital Asset Pricing Model, has been writing a blog that documents his work on an open-source software tool that can...
View ArticleWhose Retirement Crisis Is It, Anyway?
The thrust of last week’s ICI Retirement Summit was that there’s no broad retirement savings crisis needing government action. But that doesn’t mean Boomers won’t need help with decumulation.
View ArticleRetirePreneur: Kelli Hueler
While in Japan on business in the late 1990s, Kelli Hueler saw an aging society and had an epiphany. She realized that American retirees would soon need sources of guaranteed income. So she started a...
View ArticleWhere Young Advisors Can Give and Get Advice
“Think of the robo-advisors as high-tech, low-touch, and the high-minimum fee-only planners as low-tech, high-touch. We’re high-tech, high-touch," said Alan Moore, a young planner who, with Michael...
View ArticleAnnual report on 401(k) cost information is published
The study shows the average investment expense for a 100-participant, $5 million plan is 1.22%. This figure includes 0.56% for the investment manager and 0.66% for recordkeepers, advisors and platform...
View ArticleGreat-West buys J.P. Morgan’s jumbo recordkeeper
The transaction includes only the recordkeeping services for large- to mega-sized plans, and does not include J.P. Morgan Retirement Plan Services' (RPS) business in the small plan space.
View ArticleRecord year for bank annuity fee income in 2013
Wells Fargo, Morgan Stanley, Raymond James Financial, J.P. Morgan & Co. and Bank of America were the annuity fee leaders in the bank space in 2013, combining for $2.23 billion of the year's $3.43...
View ArticleFinancial discipline is important, but uncommon
Sixty percent of the respondents to a Northwestern Mutual survey said their financial planning could use improvement; the most common obstacle to improvement was lack of time, cited by 27% of those...
View ArticleNew robo-advisor makes use of 401(k) ‘brokerage window’
"401kInvestor.com" shows plan participants how to build their own portfolios using low cost, non-plan ETFs within their existing retirement accounts, said founder Wayne Connors.
View ArticleFinancial / Retirement Planning Software Directory
See the detail on financial planning software including vendors, scopes, costs, and contacts.
View ArticleManaged-Vol: Bromide for Queasy Retirees
Managed-volatility funds can adequately address the income volatility worries of many high net worth retirees, say Milliman and Jefferson National, both of whom are pitching such funds.
View ArticleBill Sharpe's New Retirement Blog
On the verge of his 80th birthday, Sharpe, who won the 1990 Nobel Prize for his Capital Asset Pricing Model, has been writing a blog that documents his work on an open-source software tool that can...
View ArticleWhose Retirement Crisis Is It, Anyway?
The thrust of last week’s ICI Retirement Summit was that there’s no broad retirement savings crisis needing government action. But that doesn’t mean Boomers won’t need help with decumulation.
View ArticleWith New Indexed Annuity, Nationwide Takes a Walk on the Wild Side
In February, Nationwide introduced New Heights, a fixed indexed annuity with an enticing "uncapped" crediting strategy and a novel living benefit rider for the b/d and independent agent channels. It's...
View ArticleSEI Ups its TDF Game
Six months ago, SEI, which specializes in multi-manager TDF funds, recruited veteran defined contribution specialist Scott Brooks (left) away from Deutsche Asset & Wealth Management to start...
View ArticleVanguard answers RIJ questions about HFT
For answers to our questions about the impact of high-frequency trading, we turned to Vanguard. The no-load index fund specialist seems to think HTF does more good than harm.
View ArticleNew index gauges retiree health costs as percent of SS benefits
“Many Americans believe that Medicare will cover most or all of their health care costs in retirement. This is simply untrue,” said Ron Mastrogiovanni, founder and CEO of HealthView Services, which...
View ArticleMorningstar publishes March fund flows
Excluding the transfer of Fidelity's mutual fund assets to collective investment trusts, PIMCO was the only fund provider among the top 10 to see net outflows in the first quarter.
View ArticleTIAA-CREF buys Nuveen Investments
Nuveen will operate as a separate subsidiary within TIAA-CREF’s Asset Management business. The transaction gives TIAA-CREF two mutual fund complexes with aggregate AUM of $181 billion.
View ArticleState-sponsored workplace savings program passes Illinois Senate
Senate Bill 2758 would provide access to an IRA plan at businesses with 25 or more employees and in business more than two years. Automatic payroll contributions would go into the Illinois Secure...
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