LPL announces adaptations to impending DOL fiduciary rule
We are 'making changes to our platform and capabilities that we believe will help advisors grow their practices and support more investors in need of financial advice," said LPL's president in a...
View ArticleLower annuity prices will likely follow DOL fiduciary rule: Cerulli
“There will be unexpected changes to the retirement and wealth management industries, and, to a degree, this cultural evolution is what the proposed rule is hoping to effect,” a Cerulli release said.
View ArticleWith 14.5% market share, Allianz Life led FIA sellers in 2015
LIMRA Secure Retirement Institute and Wink Inc. offer differing views on the way indexed annuity sales will be affected by the impending DOL fiduciary rule.
View ArticleShift to index funds reduces average equity fund expenses: ICI
Weighted by assets, average equity fund expense ratios fell for sixth consecutive year in 2015, by two basis points to 68 basis points, according to the Investment Company Institute.
View ArticleHonorable Mention
Brief or late-breaking items from MassMutual, Voya, 401k Averages Book, Nationwide, PSCA, Conning and Morningstar.
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 ArticleScaling Retirement Solutions
At the EDHEC Risk Institute in France, financial researchers are trying to figure out how advisors can leverage technology to "mass customize" the goal-based approach to retirement income planning. It...
View ArticleStan the Annuity Man Goes (Almost) Robo
Insurance super-agent Stan Haithcock, aka Stan the Annuity Man, says that his new cluster of annuity sales websites position him to become the first truly direct seller of fixed annuities in the...
View ArticleProof that SPIAs Still Make Sense
Even when interest rates are low, adding a lifetime income annuity to a fund portfolio 1) reduces the risk of portfolio ruin, 2) increases current income, and, 3) if the portfolio is shifted toward...
View ArticleBoundless Life Expectancy?
A senior economist at the World Bank believes that medical technology will keep finding ways to keep us going--and going strong--for much longer than nature intended.
View ArticleNCAA Financial Ads, in Black and White
During the first weekend of March Madness, I saw a commercial for Northwestern Mutual Life that emphasized the importance of combining insurance and investments--and that seemed to have chosen...
View ArticleBright Ideas from the SOA Investment Meeting
Last week, the Society of Actuaries held its investment conference in New York. We weren't far from the brass statue of the Wall Street bull, but the sell-side's unquenchable optimism about the future...
View ArticleWhere you work determines your retirement: EBRI
The percentage of workers who describe themselves as “very confident” about having enough money for a comfortable retirement leveled off at 21% this year, after rising to 22% in 2015 from only 13% in...
View ArticleSix ways to ease the global pension crisis: Citigroup
"Private pension assets are forecast to grow $5-$11 trillion over the next 10-30 years and strong growth is forecast in insurance pension buy-outs, private pension schemes, and asset and guaranteed...
View ArticleSenior home equity estimated at $5.83 trillion: NRMLA
The National Reverse Mortgage Lenders Association RiskSpan Reverse Mortgage Market Index (RMMI) rose to a record 203 in Q4 2015 from 198.53 in Q3, the association said this week.
View ArticleMutual fund and ETF flows sharply lower in 2015: Morningstar
The U.S. fund industry had new asset flows of $263 billion, or less than half of the $580 billion in 2014. Asia showed the strongest organic growth rate, at 18.6%, according to Morningstar's fourth...
View ArticleHonorable Mention
Brief or late-breaking items from Prudential, the CFP Board, Fidelity and TIAA.
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.
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