OneAmerica buys BMO’s U.S. retirement business
According to NAPAnet, OneAmerica serves more than 11,000 plans in the mid-sized market and has over $30 billion in retirement assets under administration.
View ArticleJohn Hancock and LPL in participant advice pact
Launched by LPL in 2014, the Employee Advice Solution tool can deliver personalized participant advice through an online service that collects financial information about a participant.
View ArticleThe Bucket
Brief or late-breaking items from Cerulli, Broadridge, Cogent Research, Transamerica, Willis Towers Watson, and Prudential Annuities.
View ArticleBank of International Settlements expresses doubts about low rates
"Unless the underlying problems are addressed head-on, short-term gain may be purchased at the price of long-term pain," warn the authors of the bank's 85th annual report on the global economy.
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 ArticleThe Overlooked Income Vehicle
Systematic withdrawals from 401(k) plans are a widely-available but rarely-used way to create retirement income. Perhaps because electronic transfers are virtually free, nobody's championing them.
View ArticleThe Overlooked Income Vehicle, II
If more 401(k) plans offered systematic withdrawals, more money might stay in 401(k)s, and the DOL might not need to attempt the difficult and divisive task of policing rollover IRAs.
View ArticleThe Overlooked Income Vehicle, III
Systematic withdrawals from DC plans are one of the simplest and cheapest ways to generate income from tax-deferred savings in retirement. Rollovers get the headlines, but more people advocate SWPs...
View Article‘No Comment’ from NAFA about its Form 990s
The leading not-for-profit champion of fixed indexed annuities should explain the "diversion" of assets that was described in its IRS filing.
View ArticleFor B-Ds, Independence May Prove Confining
Our guest columnist is founder and CEO of Wealth2k, a Boston-area firm provider of digital platforms for advisors who use its Income for Life Model retirement planning system.
View ArticleThe Bucket
Brief or late-breaking items from Cetera, Broadridge, kasina (DST), New York Life and John Hancock, Prudential Financial, Wells Fargo, Raymond James, LPL Financial and Dutch pension funds.
View ArticleAt ‘Spirit on Lake,’ Gay Retirees Find Community
Lucretia Kirby (above) and other LGBT residents of a Minneapolis apartment building celebrated the recent Supreme Court ruling on gay marriage. This article, from the Indexed Annuity Leadership...
View ArticleDOL proposal could “revamp” advisor business practices: Fitch
Fitch analysts suggested in a new report that the DOL proposals “could curb the willingness of agents to promote complex and higher fee products to [the rollover IRA] market,” an apparent reference to...
View ArticleOffshore AUM to exceed US AUM by 2019: Cerulli
Global AUM is expected reach US$106 trillion by 2019, but “managers need to be realistic about the efforts required to win business in high-growth markets,” said a Cerulli release this week.
View ArticleNew whitepaper attacks DOL conflict-of-interest proposal
“If the rule is enacted as written,” write Jack Marrion and Kim O'Brien, “it will cause a severe disruption for many securities brokers and dealers but will be devastating for those who sell annuities...
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 ArticleThe Overlooked Income Vehicle, II
If more 401(k) plans offered systematic withdrawals, more money might stay in 401(k)s, and the DOL might not need to attempt the difficult and divisive task of policing rollover IRAs.
View ArticleThe Overlooked Income Vehicle, III
Systematic withdrawals from DC plans are one of the simplest and cheapest ways to generate income from tax-deferred savings in retirement. Rollovers get the headlines, but more people advocate SWPs...
View Article