How 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 ArticleWill the 'BIC' Affect QLAC Sales?
We're talking about the DOL's proposed Best Interest Contract exemption and sales of Qualified Longevity Annuity Contracts. "Most firms will just pass on this uncertainty and risk," said Caleb...
View ArticleWill DOL proposal trigger “ratings events”? Too soon to say: A.M. Best
"The DOL has been receptive to insurers’ concerns and the next proposal could have significant changes,” A.M. Best analysts wrote.
View ArticleQuestions for the DOL's Tim Hauser
The DOL may believe that, by establishing a blanket “Best Interest” principle, it won’t have to pick winners and losers. But it can’t avoid picking winners and losers. A one-size solution never fits...
View ArticleTakeaways from the FPA Conference in Boston
At the Financial Planning Association's Business and Education Conference in Boston last weekend, Bill Reichenstein talked about tax-efficient withdrawal strategies, Steve Deschenes made a case for...
View ArticleThe Chinese Economy and Fed Policy
"Unless there are surprising changes in the US economy, we can expect the Fed to start raising interest rates later this year, as Janet Yellen has proposed, and to continue raising them in 2016 and...
View ArticleVoya adds volatility-controlled index to its FIAs
"The Point-to-Point Volatility Control Strategy tracks Deutsche Bank's proprietary CROCI (Cash Return on Capital Invested) US 5% Volatility Control Index," a Voya release said.
View ArticleKehrer Bielan releases bank annuity sales study for 2014
The ten largest third-party broker dealers, which support annuity and investment sales in 2,559 banks and credit unions, accounted for 38% of the total annuity premium sold through financial...
View ArticleLife insurers will take ‘manageable’ GAAP charges in 3Q2015: Fitch
"We believe that the Fed's position increases the likelihood that life insurers will take GAAP charges in third-quarter 2015 tied to a revision in long-term rate assumptions," Fitch analysts wrote.
View ArticleEnvestment managed accounts to be offered in MassMutual 401(k)s
The service is called “RetireSmart Ready Managed Path.” The asset allocations use investment options already offered by the plan. The service is available to MassMutual plans with at least $5 million...
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 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 ArticleWill the 'BIC' Affect QLAC Sales?
We're talking about the DOL's proposed Best Interest Contract exemption and sales of Qualified Longevity Annuity Contracts. "Most firms will just pass on this uncertainty and risk," said Caleb...
View ArticleTakeaways from the FPA Conference in Boston
At the Financial Planning Association's Business and Education Conference in Boston last weekend, Bill Reichenstein talked about tax-efficient withdrawal strategies, Steve Deschenes made a case for...
View ArticleGo Ahead, Buy the Harley
New research in the Journal of Personal Finance shows why retirees can spend 20% more in early retirement than the 4% rule allows. In our latest research roundup, we also highlight research on aging,...
View ArticleRetirePreneur: Paul Feldman
Paul Feldman is the publisher of InsuranceNewsNet magazine and InsuranceNewsNet.com
View ArticlePrudential buys a chunk of JCPenney pension
A portion of plan assets and liabilities of some 43,000 retirees and beneficiaries will move to Prudential without a cash contribution from JCPenney, according to a release. The deal is expected to be...
View Article‘Robo’ assets grow 208% in 15 months: Corporate Insight
“Most of this growth can be attributed to the managed account model, as the appeal of the algorithm-based advice approach seems to have plateaued,” a Corporate Insight release said.
View ArticleWho says America doesn’t save for retirement?
Assets in individual retirement accounts (IRAs) totaled $7.6 trillion at the end of the second quarter of 2015, up 0.4% from the end of the first quarter. Story includes link to latest Investment...
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