DOL Hearings: Wonkishly Stimulating
“I believe the proposal is intended to eliminate the commission model,” said Ron Kruszewski of Stifel Financial during the hearings on the DOL conflict of interest proposal. Scott Puritz of Rebalance...
View ArticleThe People’s Retirement Industry Group
To mark the Retirement Income Industry Association’s 10th anniversary, RIIA founder and chairman Francois Gadenne (above) spoke with RIJ recently about the group’s past, present and future.
View ArticleManaged-Payout Funds vs. Annuities: Who Wins?
Managed payout funds may fail if the client lives too long. Life annuities overcome that problem, but lack sufficient flexibility. 'The best results can be obtained by combining SPIAs and flexible...
View ArticleGM Adds Hueler's Income Solutions to its DC Plan
GM closed its defined benefit plan in 2012. Its 401(k) provider is Fidelity. To offer its DC plan participants an option to roll over part of their savings to an income annuity at retirement, it chose...
View ArticleMaximum Withdrawal Rate: A Historical Perspective
We obsess about safe withdrawal rates. But the developer of the "7Twelve Portfolio" shows that anyone retiring from 1970 to 1990 would have vastly underspent by using the '4% rule.' He suggests that...
View ArticlePutnam hires another senior executive from Fidelity
Sumedh Mehta joins Putnam from Fidelity Investments, where he most recently served as senior vice president, Fidelity Investment Management Technology.
View ArticleWink releases second quarter 2015 indexed annuity sales data
With a market share of 17.3%, Allianz Life was the top-selling carrier. American Equity Companies, Great American Insurance Group, American General Life Companies and Athene USA completed the top five...
View ArticleTraits of “leading” life/annuity issuers: Conning
In the 2015 edition of an annual report, Conning named 20 life/annuity specialists for superior performance, based on their operating margin, return on surplus, premium growth, sales and other metrics.
View ArticleNationwide hands the ball to Peyton Manning again
This fall, the veteran quarterback of the Denver Broncos will be putting fresh lyrics to the tune of Nationwide Financial's well-known "On Your Side" advertising jingle.
View ArticleFitch publishes “US Life Insurance GAAP Results Dashboard”
"Operating results were almost evenly split between companies reporting better returns in first-half 2015 and those reporting worse returns during the period," Fitch analysts wrote.
View ArticleNew York Life offers dividend-paying income annuity and QLAC
The release didn’t say whether or not the initial income payout from Mutual Income would be lower than the initial income payments of an annuity that does not offer dividends, as is the case for...
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 ArticleDOL Hearings: Wonkishly Stimulating
“I believe the proposal is intended to eliminate the commission model,” said Ron Kruszewski of Stifel Financial during the hearings on the DOL conflict of interest proposal. Scott Puritz of Rebalance...
View ArticleThe People’s Retirement Industry Group
To mark the Retirement Income Industry Association’s 10th anniversary, RIIA founder and chairman Francois Gadenne (above) spoke with RIJ recently about the group’s past, present and future.
View ArticleGM Adds Hueler's Income Solutions to its DC Plan
GM closed its defined benefit plan in 2012. Its 401(k) provider is Fidelity. To offer its DC plan participants an option to roll over part of their savings to an income annuity at retirement, it chose...
View ArticleHow to Personalize Withdrawal Rates
Safe spending rates range from 2% to 10%, writes researcher Luke Delorme in the Journal of Financial Planning. It all depends on when people retire, how much guaranteed income they have, whether they...
View ArticleThe Future and How to Survive It
McKinsey Global Institute's analysis of thousands of companies around the world shows that top performers invest in intellectual assets, play in fast-growing markets, and have the most efficient...
View ArticleRetirePreneur: Sheryl Garrett
Sheryl Garrett is the founder of Garrett Planning Network, a web-based professional network of about 300 independent financial planners who make financial advice accessible on an hourly, fee-only...
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