Rollovers will reach $382bn in 2015: Cogent Reports
The distributor firms best positioned to capture and retain these rollover assets are Vanguard, Charles Schwab and Fidelity Investments, the report said.
View Article‘Problem drinking’ can hurt retirees’ health—and wealth
Rates for alcohol-related hospitalizations among adults age 55+ were close to those for heart attacks in the 1990s, and number has greatly increased since then, according to an article in the premier...
View ArticleRetirement savings items in proposed 2016 federal budget
Though several of these proposals have been rejected or ignored by Congress in the past and may be ignored again, President Obama included a number of items in his 2016 budget request that could, if...
View ArticleEmployees at biggest companies by far save the most
”You’ve got 500 investment committees who are, essentially, dictating trends in retirement savings that can’t help but influence the rest of the market,” according to a release from Judy Diamond...
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 ArticleJack of Alternatives
"I believe that alternative investments—in four broad categories—are areas where people should diversify," said former Jackson National Life executive Clifford Jack in an interview with RIJ. His book,...
View ArticleFidelity Sees ‘Robo-Advice’ at Its Heels, and in its Future
'From eMoney they’re getting the retail and advisor aggregation tool and the client portals; that is, the user experience part, where the industry is playing catch-up with the robo-advisors,' said...
View ArticleAt Second-and-Goal in Retirement, What’s Your Play Call?
Stocks are like a passing offense and bonds, arguably, are more like a running game. In a new article, Morningstar’s David Blanchett writes that most retirees would be better off raising their...
View ArticleBird? Plane? No, It’s a New MetLife VA Rider
With the new FlexChoice guaranteed lifetime withdrawal rider on its flagship variable annuities, MetLife is betting that it can provide Boomers with a competitive income vehicle that's light on...
View ArticleU.K. life insurers to suffer as forced annuitization ends
The major life insurers are expected to be profitable, according to Thomson Reuters data, but profits at Aviva, Friends Life and Legal & General are expected to be flat year-over-year instead of...
View ArticleGiant banks are “systemically-important” for different reasons
Over-the-counter derivatives positions, which contribute to the complexity of the financial system and helped trigger the financial crisis of 2007-2008, were particularly high at Morgan Stanley and...
View ArticleThe Fed Stays in ‘No Man’s Land’
My nightmare scenario is that when rates go up, equity prices will fall, and millions of Boomers will wish they'd sold their stocks at the peak and bought income annuities with the proceeds.
View ArticleQuestions & Answers about: Medicaid Annuities
In this ongoing new feature, RIJ will ask and answer questions that pertain to retirement advisors and their clients. Our first Q&A concerns Medicaid annuities, which middle-class Baby Boomer...
View ArticleKen Mungan elected Milliman’s chairman of the board
In making the announcement, Milliman president, CEO, and interim chairman Steve White said, "Ken Mungan [pictured] is an innovator and entrepreneur and has built a global consulting practice dedicated...
View ArticleCiting long-term care exposures, A.M. Best lowers Genworth’s strength ratings
Genworth’s LTC business “is likely to exhibit volatility going forward due to the limited credibility of claims data, the profile of its in-force block and the challenge of achieving regulatory...
View ArticleStaying married and avoiding nursing homes can trim your retirement...
Being part of a couple, receiving Social Security benefits, not needing long-term care, and having participated in a workplace savings plan are all associated with a reduced risk of running out of...
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 ArticleFidelity Sees ‘Robo-Advice’ at Its Heels, and in its Future
'From eMoney they’re getting the retail and advisor aggregation tool and the client portals; that is, the user experience part, where the industry is playing catch-up with the robo-advisors,' said...
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