U.S. life insurers saw stocks decline in first quarter: A.M. Best
Prudential Financial reported the largest revenue decline in terms of dollars, decreasing $1.2 billion, or 7.9%, due to a combination of fewer premiums, mainly from its retirement business, and lower...
View ArticleSecurity Benefit offers floating-rate fixed annuity
Contract owners receive a guaranteed base rate of interest that is set for the contract’s Guarantee Period, plus the 3-Month ICE LIBOR USD Rate (subject to a cap), which resets annually on the...
View ArticleHonorable Mention
Brief or late-breaking items, including announcements of personnel developments at AIG, MetLife and the Retirement Security Initiative.
View ArticleRobert W. Cook, attorney and former SEC official, to lead FINRA
Cook has been a partner in the Washington, D.C., law firm Cleary Gottlieb Steen & Hamilton LLP. From 2010 to 2013, he served as the director of the Trading and Markets Division of the U.S....
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 ArticleTest Your Reverse Mortgage IQ
To benchmark the public’s level of knowledge about HECMs, The American College’s New York Life Center for Retirement Income sponsored a survey that included a 10-question quiz. We invite you to take...
View ArticleAt IRI Legal Conference, Lawyers Parse the “Fiduciary Rule”
The Department of Labor decided not to send an invited panelist the Insured Retirement Institute's Government, Legal and Regulatory Conference on Monday--perhaps because the IRI is party to a federal...
View ArticleThe Cinderella Annuity
Has the time finally arrived for the variable income annuity? At TIAA, where the VIA was invented, they say it never left. New research from the TIAA Institute compares the VIA with a variable annuity...
View ArticleRobos Take Manhattan
In New York last week for InVest, a fin-tech conference, I learned that advisors of the future won't be robots. They will be less sexy: Phone reps who help Millennials "navigate the site and provide...
View ArticleA Quiet Winter for Variable Annuities: Morningstar
'A quiet quarter is not a bad thing,' writes Morningstar's Senior Product Manager in his quarterly report on VA product updates. 'It gives advisors a chance to focus their attention on activities far...
View ArticleHonorable Mention
Brief or late-breaking items from Ernst & Young, Nationwide (2), Social Security Administration, Capital One, Retirement Clearinghouse, and the Bipartisan Policy Center.
View ArticleA Maserati for the Mo-ped market
Having purchased GE Capital and Honest Dollar, Goldman Sachs is poised to go down-market with retail banking, lending and retirement account services. Look out below!
View ArticleMassMutual settles suit over its own retirement plan for $30.9 million
The terms of the settlement include a provision that MassMutual will not charge its plan participants more than $35 each for standard recordkeeping services for the next four years, and will no longer...
View ArticleVanguard funds continue to dominate asset flows: Morningstar
Active Vanguard funds received $2.84 billion in May and $18.47 billion in the year ending May 30. Among passive funds, Vanguard funds and ETFs netted $18.94 billion in May and $205.3 billion in the...
View ArticleEuropean pension executives criticize quantitative easing
The European Central Bank is “distorting the market” for corporate debt, several pension executives said at an institutional investors' summit in Vienna this week.
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 ArticleAt IRI Legal Conference, Lawyers Parse the “Fiduciary Rule”
The Department of Labor decided not to send an invited panelist the Insured Retirement Institute's Government, Legal and Regulatory Conference on Monday--perhaps because the IRI is party to a federal...
View ArticleThe Cinderella Annuity
Has the time finally arrived for the variable income annuity? At TIAA, where the VIA was invented, they say it never left. New research from the TIAA Institute compares the VIA with a variable annuity...
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