Ten Images that Explain Retirement
No, this image isn't one of them! A while ago, we asked retirement advisers what images they use to illustrate complex financial principles. The frequent response: “When you find some, let us know!”...
View ArticleIs Social Security Unsociable to Annuities?
Virtually all American retirees already own a pension that's more generous than any retail annuity could ever be: their Social Security benefits. But how much does the entitlement "crowd out" demand...
View ArticleMetLife’s New DIA, and Its Competition
This story includes a handy chart that can help you compare the features of the deferred income annuity contracts currently offered by eleven U.S. life insurers. MetLife’s is the newest and most...
View ArticleThe One True Path to Income
As we curse the low payouts of income products, it’s worth remembering that the fault isn’t entirely in our stars (low interest rates), but also in ourselves (insufficient savings).
View ArticlePiketty and the Zeitgeist
'It is now acceptable to talk about inequality in America... This might explain why [Thomas] Piketty’s book has received greater attention in the US than in his native France,' writes this professor...
View ArticlePrudential launches new SPIA
'This launch is reflective of a broader strategy of growth through diversification. We want a broader, complementary solution-set that fits the company’s capital deployment strategy,' said Bruce...
View ArticleReinsurance once again available to VA issuers: Fitch
But “it is unclear how much of an impact this will have on the risk profile of VA writers,” a Fitch release said.
View ArticleInvestors rotate from growth to value; REITs outperformed the S&P
“Fund flows have shifted dramatically beneath the market’s calm surface,” said TrimTabs CEO David Santschi, in a release. 'Investors showed an overwhelming preference for value over growth.”
View ArticleRetirement Clearinghouse to help find missing participants
An estimated 9.5 million defined contribution plan participants change jobs each year, and many leave their accounts behind in former employers' retirement plans.
View ArticleFinancial / Retirement Planning Software Directory
See the detail on financial planning software including vendors, scopes, costs, and contacts.
View ArticleIs Social Security Unsociable to Annuities?
Virtually all American retirees already own a pension that's more generous than any retail annuity could ever be: their Social Security benefits. But how much does the entitlement "crowd out" demand...
View ArticleMetLife’s New DIA, and Its Competition
This story includes a handy chart that can help you compare the features of the deferred income annuity contracts currently offered by eleven U.S. life insurers. MetLife’s is the newest and most...
View ArticleMerrill Lynch’s Intentions are "Clear"
"I want to be careful not to call it a product or a service. It’s an approach,” said David Tyrie, head of Personal Wealth and Retirement at Merrill Lynch Wealth Management, in describing Merrill Lynch...
View ArticleThe Fiduciary Rule: Going, Going...
The longer the DoL takes to draft a new version of its proposed fiduciary rule, the likelier it is that the re-proposal—if one ever appears at all—will be timid enough not to provoke the blowback from...
View ArticleShort on Shares, Women Share Homes
Single, divorced and widowed older women are reducing their expenses by sharing a home or apartment with similarly situated women. A new website helps them find each other.
View ArticleAmerica’s Move to Faster Growth
During 2013, the personal wealth of Americans increased by $10 trillion: $2 billion from a rise in home values and $8 trillion from the rise in equity prices, according to this Harvard economist....
View ArticleFederal judge denies MassMutual’s motion to dismiss ERISA suit
U.S. District Judge Patti B. Saris ruled on May 20 that MassMutual became a "functional fiduciary" when it decided to collect a 1% revenue-sharing fee from third-party mutual fund companies that were...
View ArticleEBRI reports IRA statistics for 2012
Ten times the amount of money was added to IRAs by rollovers than by contributions, even though the number of accounts receiving contributions (2.4 million) outnumbered the accounts receiving...
View Article