Voya CEO to run firm’s Retirement Solutions group
"We believe we can achieve our 2016 Ongoing Business operating ROE target of 12-13%, as well as our Ongoing Business operating ROC target of 10-11%," Rodney O. Martin Jr. said in a statement.
View ArticleNew York Life’s DIA surpasses total premiums of $2 billion
The current payout rate for a 60 year old male who defers for 10 years is about 12%, so that a $100,000 premium would provide a 60 year old man with more than $12,000 a year for life starting at age...
View ArticleA one-person defined benefit plan? Who knew?
Personal DB plans are a potential alternative for physicians, sole practitioners, small businesses and small companies with only a few employees, according to the CEO of a company in the field.
View ArticleWells Fargo to distribute Allianz Life’s ‘Essential Income 7’ FIA
"Essential Income 7 can earn indexed interest through the S&P 500 and Barclays US Dynamic Balance Index allocations. Indexed interest is credited by an annual point-to-point with a cap method," an...
View ArticleMassMutual relaunches small company 401(k) package
Aviator was initially available through The Hartford’s Retirement Service Group before MassMutual purchased it in 2013, Aviator is being reintroduced with several enhancements, including a new line up...
View ArticleThe Missing Participant
An arena should exist where participants can express their opinions or preferences about plan design, investment options and perhaps even the amount of match they’d like to see. Sounds crazy, I know.
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 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 ArticleA New Robo-Advisor Eyes the 401(k) Space
"blooom is like a dietician who doesn’t just give you advice on how to eat. It’s like a dietician who actually drives to your store, does your grocery shopping for you and comes back to your house and...
View ArticleNARPP Hopes to Do What Auto-Enrollment Hasn’t
The National Association of Retirement Plan Participants aims to boost 401(k) deferral rates through behavioral finance techniques. Despite its name, its direct ties are to plan sponsors and...
View ArticleJohnny RetirementSeed
Steve Vernon, actuary-turned-retirement-guru, travels the country spreading retirement planning wisdom... and promoting his books and website: "I joke that I’m a ‘one-rat’ experiment. I’m living the...
View ArticleThe Bucket
Brief or late-breaking items from Sutherland, Asbill & Brennan LLP, Prudential, Fidelity, Envestnet, U.S. Bancorp and Athene.
View ArticleAmerican Equity Has ‘Big Mo’ in Agent FIA Sales
“We weren’t surprised by the ranking,” Kirby Wood, chief marketing officer at American Equity Investment Life, told RIJ regarding the results of the Cogent Reports Fixed Indexed Annuity Brandscape...
View ArticleNobelist Bill Sharpe Talks about Investing
Near the close of this interview with Sharpe, which was published last week in AdvisorPerspectives, the Nobelist mentioned that one of his favorite publications is Retirement Income Journal... though...
View ArticleUK keeps pressing for lower retirement plan fees
“Gone are the days when a government will allow a government-approved product to charge 1.5% for 10 years,” said Steve Webb, member of parliament, at the UK National Association of Pension Funds...
View ArticlePutting DB back in DC just got a little easier
“We’ve made clear that 401k plans can, if the employer sponsoring the plan wishes, include an in-plan accumulation annuity in a target date fund,” Deputy Treasury Secretary Mark Iwry told the...
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 ArticleA New Robo-Advisor Eyes the 401(k) Space
"blooom is like a dietician who doesn’t just give you advice on how to eat. It’s like a dietician who actually drives to your store, does your grocery shopping for you and comes back to your house and...
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