AXA’s have-your-cake-and-eat-it-too approach to RMDs
AXA has developed RMD Wealth Guard, a guaranteed minimum death benefit designed to boost sales of its Retirement Cornerstone variable annuity among retirees who want to protect a chunk of tax-deferred...
View ArticleWhat time is it? Time for you to build an app for the Apple Watch
E*Trade has introduced an app for the Apple Watch, due out next week.
View ArticlePublic pensions aren’t falling behind in mortality expectations: CRR
A study by the Center for Retirement Research at Boston College shows that if public pension plans used the private sector mortality tables, they would have to increase their life expectancy estimate...
View ArticleQuantitative easing in Europe entices equity investors: TrimTabs
“U.S. investors continue to follow the printing presses into European and Japanese equities,” said David Santschi, TrimTabs CEO.
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 ArticleWho Knew? Actuaries Have Two-Sided Brains
Every other year for the past two decades, the Society of Actuaries has sponsored a 'speculative' fiction-writing contest for actuaries. The winners of this year's contest were announced yesterday.
View ArticleIn 1799, They Said ‘No’ to Taxes
In March 1799. not far from where I live today, an auctioneer named John Fries led a protest against the first direct tax on American homeowners. Alexander Hamilton wanted him hanged as an example of...
View ArticleDOL to Advisors: ‘Take the Pledge’
In the much-anticipated revision of its 2010 proposal to curb conflicted sales to retirement account owners, the Department of Labor asserts that rollover IRAs are within its jurisdiction. It also...
View ArticleFIA: Unofficial MVP of the LIMRA Conference
Fixed indexed annuities will “increase their dominant position in the individual U.S. annuity market” and “approach variable annuity sales levels over the next five years,” predicted actuary Tim...
View ArticleVoya to Consolidate Retirement Business under New Chief
Charles P. Nelson (pictured) will lead Voya Financial's individual and institutional retirement businesses after serving more than 30 years at Great-West Financial. He fills a management gap left by...
View ArticleQuestion: Can the DOL regulate advice on IRAs?
Last week, after almost five years of deliberation, the Department of Labor asserted its right to police the financial advice that individual IRA owners are given. What gives the agency that right, or...
View ArticleWealth protects health—but not permanently: EBRI
Among Americans who died at or above age 85, 20.6% had no non-housing assets, according to the Employee Benefits Research Institute. Among single people who died at those ages, 24.6% had no...
View ArticleGrasshoppers know they should act more like ants
Two-thirds of American adults consider themselves “savers,” but 54% have no net savings, according to a new survey sponsored by Northwest Mutual.
View ArticleBlackRock fined $12 million for fund manager conflict of interest
One of the firm's top portfolio managers had a $50 million interest in one of his funds’ largest holdings, the Securities and Exchange Administration said, in announcing its settlement of the charges...
View ArticleVideo: Elizabeth Warren at the National Press Club
Sen. Warren spoke in favor of greater financial regulation at the annual Hyman Minsky Conference, sponsored by the Levy Economics Institute and held this year at the National Press Club in Washington,...
View ArticleVoya Hires New Retirement Chief
Charles P. Nelson (pictured) will lead Voya Financial's individual and institutional retirement businesses after serving more than 30 years at Great-West Financial. He fills a management gap left by...
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 ArticleIn 1799, They Said ‘No’ to Taxes
In March 1799. not far from where I live today, an auctioneer named John Fries led a protest against the first direct tax on American homeowners. Alexander Hamilton wanted him hanged as an example of...
View Article