A Two-Headed Nightmare: The Robos and the DOL
The Amazon-ification of financial services will eventually disintermediate tens of thousands of financial salespeople. If you didn't get the memo already, consider the conflict-of-interest proposal a...
View ArticleQuestion: Is 'File and Suspend' a Loophole?
Should a high-earning, two-income couple be able to claim an extra $48,000 from Social Security? Or should a law be passed to eliminate that possibility?
View ArticleInspiring Economic Growth
The Nobel Prize-winning Yale economist believes that a big, inspiring fiscal stimulus, akin to the 1960s space program of the 1960s, might cure what ails America.
View ArticleFirst quarter annuity sales rankings, from LIMRA
"Total annuity sales have been lower in the first quarter than the prior quarter eight out of the last nine years,” said Todd Giesing, senior business analyst at the Institute, in a release.
View ArticleU.S. DC plans are leakier than those abroad, study shows
In a new paper, a group of researchers from the National Bureau of Economic Research point out that it’s a lot harder for plan participants in Australia, Canada, Germany, the United Kingdom, and...
View ArticleStatute-of-limitations is flexible for ERISA suits: Supreme Court
This article, which comments on the Supreme Court's ruling this week on the ERISA excessive fee case of Tibble v. Edison, is excerpted from the Wagner Law Firm's Fiduciary Matters Blog. It was written...
View ArticleShare buyback trend isn’t matched by insider purchases: TrimTabs
“There’s a huge disparity between what corporate insiders are doing with shareholders’ money and what they’re doing with their own money,” said David Santschi, chief executive officer of TrimTabs.
View ArticleThe Bucket
Brief or late-breaking items from Lincoln Financial, New York Life, Armstrong International, Pershing, DTCC, Northwestern Mutual and the Department of Labor.
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 ArticleSix Ways to Dress Up QLACs
RIJ spoke with annuity manufacturers and distributors about their strategies for selling qualified longevity annuity contracts, which are deferred income annuities for IRA money. The favorite, but not...
View ArticleEngland Swings (Away from Annuities)
Until April 6, most Britons bought annuities with their DC savings. Now they can do as they wish with those ‘pension pots.’ BlackRock and AllianceBernstein see opportunity.
View ArticleA Two-Headed Nightmare: The Robos and the DOL
The Amazon-ification of financial services will eventually disintermediate tens of thousands of financial salespeople. If you didn't get the memo already, consider the conflict-of-interest proposal a...
View ArticleThe Bucket
Brief or late-breaking items from John Hancock, Broadridge, Prudential and MassMutual.
View ArticleMetLife launches QLAC as plan distribution option
Participants in plans with MetLife group annuity contracts can put 25% of their qualified savings (up to $125,000) into this new deferred income product, whose premium can be excluded from RMD...
View ArticleInside the Beltway, Disinformation Reigns
An article in The Hill, the respected Washington newspaper and website, has gotten the DOL's conflict of interest proposal all wrong. It doesn't even mention rollover IRAs.
View ArticleVA Issuers Show Optimism: Morningstar
This report on first-quarter changes to variable contracts, produced by Morningstar's John McCarthy, is a must-read for anyone trying to stay abreast of the VA market.
View ArticleCannex releases new version of its product allocation software
Moshe Milevsky and the QWeMA group developed the PrARI service in 2008. It is used by a variety of financial institutions in support of their retirement income programs and practices.
View ArticleFIAs on pace for record sales year: Wink
Allianz Life maintained its sales leadership position with a market share of 20.3%. American Equity Companies was again the second-ranked carrier, while Security Benefit Life, Great American Insurance...
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