Fixing the 401(k)s' Leakage Problem
“I think [auto-portability] is an opportunity for a win-win-win,” says Lew Minsky, executive director of DCIIA. “If you keep more people invested for retirement, all of the players in the system...
View ArticleRetirePreneur: Jack Sharry
Jack Sharry is a principal and executive vice president of strategic development at LifeYield LLC, a developer of software to help financial advisors and investors achieve optimal after-tax returns...
View ArticleLew Minsky Talks about 'Auto-Portability'
Lew Minsky is executive director of the Defined Contribution Institutional Investment Association, an organization of retirement plan providers and asset managers. We asked him about the automatic...
View ArticleTo exit DB plan, Motorola buys group annuity from Prudential
Motorola Solutions Pension Plan intends to purchase a group annuity contract under which Prudential will pay and administer future benefits to the approximately 30,000 retirees who currently receive...
View ArticleMailings of paper Social Security statements to resume
Everyone over 18 will receive a benefits projection statement once every five years. After age 60, people will receive a statement every year.
View ArticleA robo-advisor aims at the 401(k) market
“Our goal is to ‘fix’ the epidemic of inappropriately invested 401(k) plans with a simple, scalable, professional service,” said Chris Costello, co-founder of blooom, in a release.
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 ArticleReplacing Those Disputed Replacement Rates
What was so important about a tiny column of numbers, missing from Table V.C7 of the 2014 Social Security Trustees Report?
View ArticleThe Tailwinds in Vanguard's Sails
At $64.8 billion, net flows into Vanguard funds in the first half of 2014 were greater than the flows of the next five fund families combined, according to Morningstar’s mid-year analysis.
View ArticleFixing the 401(k)s' Leakage Problem
“I think [auto-portability] is an opportunity for a win-win-win,” says Lew Minsky, executive director of DCIIA. “If you keep more people invested for retirement, all of the players in the system...
View ArticleA Sense that the Worst Is Over
At the IRI annual conference in this quaint colonial village, the annuity industry shared a sense that, after several hellish years, the worst may be over.
View ArticleWhat’s Up, Heterodox?
Heterodox economics, though valid and perhaps even more intellectually honest than orthodox economics, has lost its political battles, and that has made all the difference.
View ArticleThe Fed Trap
The Fed's assumption that the so-called “wealth effect”—when asset appreciation spurs real economic activity—will hasten a true post-crisis recovery isn't producing the desired results, writes the...
View ArticleDeniers of retirement savings crisis strike again
In their recent Wall Street Journal article, Andrew Biggs and Sylvester Schieber cite a study showing that the average U.S. retiree has an income equal to 92% of the average American income. The...
View ArticleU.S. paper assets are $198 trillion: Fed flow of funds report
The net worth of households and nonprofits rose $1.4 trillion to $81.5 trillion during the second quarter of 2014. The value of directly and indirectly held corporate equities increased $1.0 trillion...
View ArticleFinns will link retirement age to longevity in 2028
The pension reform, which will come into force at the beginning of 2017, aims to extend working life and narrow the sustainability gap of the whole public economy by 1% of GDP.
View ArticleRIAs recognize “robo-advisers” as threats: Scottrade
Many registered investment advisers say robo-advice will put downward pressure on fees, force RIAs to appeal to younger investors, and cause investors to “expect newer ways of interacting with...
View ArticleThe Bucket
Brief or late-breaking items from Integrity Life, Guggenheim Partners, TIAA-CREF, and Wells Fargo Advisors.
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